Costain ( (GB:COST) ) has provided an update.
Oasis Management Company Ltd., a Hong Kong-based entity, has acquired a significant financial instrument stake in Costain Group PLC, crossing the 5% threshold of voting rights. This acquisition could influence Costain’s strategic decisions and impact its market positioning, given Oasis Management’s substantial voting power.
More about Costain
Costain Group PLC is a UK-based company operating in the engineering and construction industry. It provides a range of services including infrastructure development and consulting, focusing primarily on sectors such as transportation, energy, and water.
YTD Price Performance: -0.47%
Average Trading Volume: 1,275,448
Technical Sentiment Signal: Sell
Current Market Cap: £287.6M
See more data about COST stock on TipRanks’ Stock Analysis page.