Steppe Cement (LON:STCM) Sets New 52-Week High – Still a Buy?

Steppe Cement Ltd. (LON:STCM – Get Free Report)’s share price reached a new 52-week high during trading on Thursday. The stock traded as high as GBX 47 and last traded at GBX 46.01, with a volume of 508,821 shares. The stock had previously closed at GBX 44.

Steppe Cement Price Performance

The business has a fifty day moving average price of GBX 30.91 and a 200 day moving average price of GBX 23.02. The company has a market capitalization of £100.76 million, a price-to-earnings ratio of 7.92 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.

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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