Costain Group (LON:COST) Shares Cross Above 200-Day Moving Average of $54.38


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Shares of Costain Group PLC (LON:COST) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 54.38 ($0.71) and traded as high as GBX 64.70 ($0.85). Costain Group shares last traded at GBX 64.60 ($0.84), with a volume of 790,090 shares traded.

Several equities research analysts have recently weighed in on COST shares. Peel Hunt reissued a “buy” rating and issued a GBX 75 ($0.98) price objective on shares of Costain Group in a research report on Wednesday, February 17th. Liberum Capital reiterated a “buy” rating and set a GBX 80 ($1.05) target price on shares of Costain Group in a research note on Wednesday, February 17th. Finally, Peel Hunt restated a “buy” rating and issued a GBX 75 ($0.98) price target on shares of Costain Group in a research report on Wednesday, February 17th.

The company has a market cap of £178.48 million and a P/E ratio of -1.77. The stock has a 50-day simple moving average of GBX 62.37 and a 200 day simple moving average of GBX 54.51. The company has a debt-to-equity ratio of 51.18, a quick ratio of 1.29 and a current ratio of 1.39.

In other Costain Group news, insider Alex Vaughan sold 9,890 shares of Costain Group stock in a transaction on Tuesday, April 6th. The shares were sold at an average price of GBX 62 ($0.81), for a total transaction of £6,131.80 ($8,011.24).

Costain Group Company Profile (LON:COST)

Costain Group PLC provides infrastructure solutions for the energy, water, transportation, and defense markets in the United Kingdom and Spain. It operates in two segments, Transportation and Natural Resources. The Transportation segment operates in the highways, rail, and aviation markets. The Natural Resources segment engages in the water, energy, and defense markets.

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