Steppe Cement (LON:STCM) Reaches New 1-Year High – Still a Buy?

Steppe Cement Ltd. (LON:STCMGet Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 22 and last traded at GBX 19.15, with a volume of 54435 shares. The stock had previously closed at GBX 19.60.

Steppe Cement Price Performance

The company has a current ratio of 2.12, a quick ratio of 1.63 and a debt-to-equity ratio of 8.45. The company’s fifty day moving average is GBX 20.13 and its two-hundred day moving average is GBX 18.58. The stock has a market cap of £45.07 million, a price-to-earnings ratio of 11.06 and a beta of 0.84.

Steppe Cement Company Profile

(Get Free Report)

Steppe Cement Ltd., an investment holding company, engages in the production and sale of cement and clinkers in Kazakhstan. It also provides consultancy services; and transmission and distribution of electricity. The company was incorporated in 2004 and is based in Kuala Lumpur, Malaysia.

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