Steppe Cement (LON:STCM) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

Steppe Cement Ltd. (LON:STCMGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 17.43 and traded as low as GBX 17.25. Steppe Cement shares last traded at GBX 17.25, with a volume of 98,170 shares trading hands.

Steppe Cement Stock Performance

The stock has a market capitalization of £38.11 million, a P/E ratio of 9.35 and a beta of 0.84. The firm has a 50-day moving average of GBX 18.02 and a 200 day moving average of GBX 17.42. The company has a quick ratio of 1.63, a current ratio of 2.15 and a debt-to-equity ratio of 13.75.

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.

See Also

Receive News & Ratings for Steppe Cement Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Steppe Cement and related companies with MarketBeat.com's FREE daily email newsletter.