Costain Group (LON:COST) Trading 11.3% Higher – Should You Buy?

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

Costain Group Price Performance

The company has a debt-to-equity ratio of 9.86, a quick ratio of 1.32 and a current ratio of 1.40. The company has a 50-day moving average of GBX 103.15 and a 200-day moving average of GBX 100.07. The firm has a market capitalization of £263.06 million, a price-to-earnings ratio of 878.18, a price-to-earnings-growth ratio of 1.63 and a beta of 2.64.

Costain Group Company Profile

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.