Steppe Cement Ltd. (LON:STCM – Get Free Report) reached a new 52-week high during mid-day trading on Thursday. The company traded as high as GBX 38 and last traded at GBX 37.85, with a volume of 668908 shares changing hands. The stock had previously closed at GBX 36.
Steppe Cement Price Performance
The company’s fifty day moving average price is GBX 25.33 and its 200 day moving average price is GBX 22.06. The company has a market capitalization of £82.89 million, a P/E ratio of 6.51 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.
Insider Transactions at Steppe Cement
In related news, insider Javier del Ser Perez purchased 122,000 shares of Steppe Cement stock in a transaction that occurred on Friday, July 17th. The shares were acquired at an average price of GBX 22 per share, with a total value of £26,840. 9.42% of the stock is owned by corporate 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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