Steppe Cement Ltd. (LON:STCM – Get Free Report) shares reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 26 and last traded at GBX 25.95, with a volume of 776296 shares trading hands. The stock had previously closed at GBX 23.50.
Steppe Cement Price Performance
The company has a 50 day moving average of GBX 22.05 and a 200 day moving average of GBX 20.70. 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 £65.70 million, a price-to-earnings ratio of 19.87 and a beta of 0.71.
Insider Activity
In other Steppe Cement news, insider Javier del Ser Perez purchased 122,000 shares of the company’s stock in a transaction dated Friday, July 17th. The shares were bought at an average price of GBX 22 per share, with a total value of £26,840. 9.42% of the stock is owned by company insiders.
About Steppe Cement
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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