Steppe Cement Ltd. (LON:STCM – Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 20.46 and traded as low as GBX 20. Steppe Cement shares last traded at GBX 20, with a volume of 3,133 shares traded.
Steppe Cement Trading Up 3.3%
The company has a debt-to-equity ratio of 4.55, a quick ratio of 1.63 and a current ratio of 2.12. The firm has a market cap of £48.62 million, a PE ratio of 14.70 and a beta of 0.71. The stock’s 50 day simple moving average is GBX 21.18 and its 200 day simple moving average is GBX 20.46.
Insiders Place Their Bets
In related news, insider Javier del Ser Perez bought 122,000 shares of the stock in a transaction dated Friday, July 17th. The stock was bought at an average price of GBX 22 per share, with a total value of £26,840. 9.42% of the stock is owned by corporate insiders.
About Steppe Cement
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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