Steppe Cement (LON:STCM) Reaches New 52-Week High – Should You Buy?

Steppe Cement Ltd. (LON:STCMGet Free Report) hit a new 52-week high during trading on Monday . The company traded as high as GBX 23 and last traded at GBX 20, with a volume of 75691 shares changing hands. The stock had previously closed at GBX 21.20.

Steppe Cement Trading Up 1.6%

The stock has a 50-day moving average of GBX 19.58 and a 200 day moving average of GBX 19.22. The stock has a market cap of £47.85 million, a PE ratio of 11.75 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 8.45.

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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