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 debt-to-equity ratio of 4.55, a current ratio of 2.12 and a quick ratio of 1.63. The firm has a market cap of £56.83 million, a P/E ratio of 17.19 and a beta of 0.71. The firm’s 50 day moving average is GBX 21.79 and its 200 day moving average is GBX 20.61.
Insider Activity at Steppe Cement
In related news, insider Javier del Ser Perez bought 122,000 shares of the business’s stock in a transaction dated Friday, July 17th. The shares were purchased at an average cost of GBX 22 per share, with a total value of £26,840. Corporate insiders own 9.42% of the company’s stock.
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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