Steppe Cement (LON:STCM) Shares Up 11.4% – Should You Buy?

Steppe Cement Ltd. (LON:STCM – Get Free Report) shares were up 11.4% during trading on Wednesday. The company traded as high as GBX 46 and last traded at GBX 44. 588,752 shares traded hands during mid-day trading, an increase of 364% from the average session volume of 126,803 shares. The stock had previously closed at GBX 39.50.

Steppe Cement Stock Up 13.2%

The stock has a market capitalization of £97.89 million, a price-to-earnings ratio of 7.69 and a beta of 0.71. The company has a debt-to-equity ratio of 3.02, a current ratio of 2.51 and a quick ratio of 1.63. The business has a fifty day moving average of GBX 30.44 and a 200 day moving average of GBX 22.89.

About Steppe Cement

(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.

Further Reading

Receive News & Ratings for Steppe Cement Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Steppe Cement and related companies with MarketBeat.com's FREE daily email newsletter.