Steppe Cement (LON:STCM) Share Price Passes Above 200 Day Moving Average – Here’s Why

Shares of Steppe Cement Ltd. (LON:STCMGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 19.98 and traded as high as GBX 22. Steppe Cement shares last traded at GBX 21.70, with a volume of 92,062 shares trading hands.

Steppe Cement Price Performance

The firm has a market capitalization of £47.52 million, a P/E ratio of 14.37 and a beta of 0.71. The company has a current ratio of 2.12, a quick ratio of 1.63 and a debt-to-equity ratio of 4.55. The firm has a 50 day moving average price of GBX 20.51 and a 200-day moving average price of GBX 19.98.

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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