Steppe Cement (LON:STCM) Share Price Crosses Above 50 Day Moving Average – Should You Sell?

Steppe Cement Ltd. (LON:STCMGet Free Report) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 20.52 and traded as high as GBX 21. Steppe Cement shares last traded at GBX 21, with a volume of 30,091 shares traded.

Steppe Cement Stock Performance

The firm’s 50-day moving average price is GBX 20.52 and its two-hundred day moving average price is GBX 19.74. The company has a quick ratio of 1.63, a current ratio of 2.12 and a debt-to-equity ratio of 4.55. The firm has a market capitalization of £45.99 million, a PE ratio of 13.91 and a beta of 0.70.

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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