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

Costain Group PLC (LON:COST)’s share price traded up 11.3% during mid-day trading on Monday . The stock 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 Price Performance

The firm has a 50 day moving average of GBX 102.91 and a 200-day moving average of GBX 100.09. The company has a current ratio of 1.40, a quick ratio of 1.32 and a debt-to-equity ratio of 9.86. The company has a market cap of £258.70 million, a P/E ratio of 863.64, a P/E/G 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.