Steppe Cement Ltd. (LON:STCM – Get Free Report)’s share price was up 10.4% during trading on Wednesday. The company traded as high as GBX 36.90 and last traded at GBX 35.87. 709,144 shares changed hands during mid-day trading, an increase of 530% from the average session volume of 112,588 shares. The stock had previously closed at GBX 32.50.
Steppe Cement Stock Performance
The firm has a market cap of £78.56 million, a price-to-earnings ratio of 6.17 and a beta of 0.71. The company has a debt-to-equity ratio of 3.02, a current ratio of 2.51 and a quick ratio of 1.63. The firm has a fifty day simple moving average of GBX 25.07 and a two-hundred day simple moving average of GBX 21.94.
Insider Buying and Selling
In related news, insider Javier del Ser Perez bought 122,000 shares of the stock in a transaction that occurred on Friday, July 17th. The stock was bought at an average cost of GBX 22 per share, for a total transaction of £26,840. 9.42% of the stock is owned by company insiders.
Steppe Cement Company Profile
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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