Steppe Cement (LON:STCM) Shares Pass Above 200 Day Moving Average – Here’s Why

Steppe Cement Ltd. (LON:STCMGet Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 17.39 and traded as high as GBX 18.20. Steppe Cement shares last traded at GBX 17.65, with a volume of 178,154 shares trading hands.

Steppe Cement Stock Performance

The business has a fifty day moving average of GBX 17.57 and a 200 day moving average of GBX 17.38. The company has a market cap of £38.65 million, a P/E ratio of 9.49 and a beta of 0.84. The company has a quick ratio of 1.63, a current ratio of 2.15 and a debt-to-equity ratio of 13.75.

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.

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