Steppe Cement Ltd. (LON:STCM – Get Free Report)’s share price traded up 10.4% during trading on Wednesday. The company traded as high as GBX 36.90 and last traded at GBX 35.87. Approximately 709,144 shares traded hands during trading, an increase of 530% from the average daily volume of 112,588 shares. The stock had previously closed at GBX 32.50.
Steppe Cement Stock Performance
The firm has a market cap of £84.60 million, a PE ratio of 6.65 and a beta of 0.71. The company has a quick ratio of 1.63, a current ratio of 2.51 and a debt-to-equity ratio of 3.02. The company has a 50-day simple moving average of GBX 25.66 and a two-hundred day simple moving average of GBX 22.20.
Insider Activity at Steppe Cement
In related news, insider Javier del Ser Perez purchased 122,000 shares of the business’s stock in a transaction that occurred on Friday, July 17th. The shares were bought at an average cost of GBX 22 per share, with a total value of £26,840. 9.42% of the stock is owned by 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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