Steppe Cement (LON:STCM) Share Price Passes Below 200-Day Moving Average – What’s Next?

Steppe Cement Ltd. (LON:STCMGet Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 19.52 and traded as low as GBX 19.51. Steppe Cement shares last traded at GBX 20.75, with a volume of 112,567 shares changing hands.

Steppe Cement Trading Up 6.4%

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 stock has a market capitalization of £45.44 million, a price-to-earnings ratio of 11.16 and a beta of 0.71. The firm has a 50-day moving average of GBX 19.99 and a 200 day moving average of GBX 19.52.

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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