Steppe Cement (LON:STCM) Hits New 1-Year High – What’s Next?

Steppe Cement Ltd. (LON:STCMGet Free Report)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 25.22 and last traded at GBX 24.98, with a volume of 265051 shares trading hands. The stock had previously closed at GBX 24.50.

Steppe Cement Stock Performance

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 company has a market cap of £52.56 million, a price-to-earnings ratio of 15.89 and a beta of 0.71. The stock has a 50 day moving average price of GBX 21.68 and a two-hundred day moving average price of GBX 20.57.

Insider Buying and Selling

In related news, insider Javier del Ser Perez bought 122,000 shares of the business’s stock in a transaction on Friday, July 17th. The shares were purchased at an average price of GBX 22 per share, with a total value of £26,840. Corporate insiders own 9.42% of the company’s stock.

About Steppe Cement

(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.

Further Reading

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