Shares of Steppe Cement Ltd. (LON:STCM – Get Free Report) were up 8% on Thursday . The stock traded as high as GBX 29 and last traded at GBX 27.55. Approximately 1,061,272 shares changed hands during trading, an increase of 1,025% from the average session volume of 94,358 shares. The stock had previously closed at GBX 25.50.
Steppe Cement Price Performance
The company has a debt-to-equity ratio of 4.55, a current ratio of 2.12 and a quick ratio of 1.63. The stock has a fifty day simple moving average of GBX 21.90 and a 200-day simple moving average of GBX 20.65. The company has a market capitalization of £61.32 million, a price-to-earnings ratio of 18.54 and a beta of 0.71.
Insider Buying and Selling at Steppe Cement
In other news, insider Javier del Ser Perez bought 122,000 shares of the business’s stock in a transaction dated Friday, July 17th. The stock was purchased at an average cost of GBX 22 per share, with a total value of £26,840. 9.42% of the stock is currently owned by company insiders.
Steppe Cement Company Profile
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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