Steppe Cement (LON:STCM) Share Price Crosses Above 200-Day Moving Average – What’s Next?

Shares of Steppe Cement Ltd. (LON:STCMGet Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 20.44 and traded as high as GBX 22. Steppe Cement shares last traded at GBX 21.02, with a volume of 6,000 shares trading hands.

Steppe Cement Stock Down 4.4%

The company has a current ratio of 2.12, a quick ratio of 1.63 and a debt-to-equity ratio of 4.55. The firm has a market cap of £46.04 million, a P/E ratio of 13.92 and a beta of 0.71. The stock’s fifty day moving average is GBX 21.03 and its two-hundred day moving average is GBX 20.44.

Insider Activity

In other Steppe Cement news, insider Javier del Ser Perez acquired 122,000 shares of the company’s stock in a transaction that occurred on Friday, July 17th. The stock was bought at an average price 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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