Costain Group (LON:COST) Stock Price Up 11.3% – Should You Buy?

Shares of Costain Group PLC (LON:COST) shot up 11.3% during mid-day trading on Monday . The company traded as high as GBX 97.20 ($1.21) and last traded at GBX 95.74 ($1.19). 22,979,559 shares were traded during mid-day trading, an increase of 812% from the average session volume of 2,519,368 shares. The stock had previously closed at GBX 86 ($1.07).

Costain Group Stock Down 2.1 %

The business’s fifty day simple moving average is GBX 102.91 and its 200 day simple moving average is GBX 100.09. The stock has a market cap of £258.70 million, a price-to-earnings ratio of 863.64, a price-to-earnings-growth ratio of 1.63 and a beta of 2.64. The company has a current ratio of 1.40, a quick ratio of 1.32 and a debt-to-equity ratio of 9.86.

About Costain Group

Costain helps to improve people’s lives by creating connected, sustainable infrastructure that enables people and the planet thrive. We shape, create and deliver pioneering solutions that transform the performance of the infrastructure ecosystem across the UK’s energy, water, transportation and defence markets.