Steppe Cement Ltd. (LON:STCM – Get Free Report)’s stock price reached a new 52-week high on Thursday. The company traded as high as GBX 38 and last traded at GBX 37.85, with a volume of 668,908 shares trading hands. The stock had previously closed at GBX 36.
Steppe Cement Stock Up 9.5%
The business has a fifty day moving average price of GBX 26.03 and a two-hundred day moving average price of GBX 22.33. The company has a market cap of £87.49 million, a price-to-earnings ratio of 6.88 and a beta of 0.71. The company has a current ratio of 2.51, a quick ratio of 1.63 and a debt-to-equity ratio of 3.02.
Insiders Place Their Bets
In other Steppe Cement news, insider Javier del Ser Perez purchased 122,000 shares of the business’s stock in a transaction that occurred on Friday, July 17th. The stock was acquired at an average cost of GBX 22 per share, with a total value of £26,840. 9.42% of the stock is owned by company 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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