Steppe Cement (LON:STCM) Stock Price Passes Above 200-Day Moving Average – Here’s What Happened

Steppe Cement Ltd. (LON:STCMGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 20.37 and traded as high as GBX 22.48. Steppe Cement shares last traded at GBX 22.44, with a volume of 15,360 shares traded.

Steppe Cement Trading Down 2.2%

The stock has a market capitalization of £47.11 million, a PE ratio of 14.25 and a beta of 0.71. The company has a quick ratio of 1.63, a current ratio of 2.12 and a debt-to-equity ratio of 4.55. The business’s 50-day moving average is GBX 20.85 and its two-hundred day moving average is GBX 20.37.

Insider Activity at Steppe Cement

In other news, insider Javier del Ser Perez bought 122,000 shares of Steppe Cement stock in a transaction dated Friday, July 17th. The stock was acquired at an average cost of GBX 22 per share, with a total value of £26,840. Company insiders own 9.42% of the company’s stock.

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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