Steppe Cement (LON:STCM) Hits New 52-Week High – Here’s Why

Steppe Cement Ltd. (LON:STCMGet Free Report) shares hit a new 52-week high on Thursday . The company traded as high as GBX 22 and last traded at GBX 20.20, with a volume of 315539 shares changing hands. The stock had previously closed at GBX 21.

Steppe Cement Price Performance

The company’s fifty day moving average price is GBX 19.42 and its two-hundred day moving average price is GBX 18.24. The company has a quick ratio of 1.63, a current ratio of 2.15 and a debt-to-equity ratio of 13.75. The company has a market cap of £44.24 million, a price-to-earnings ratio of 10.86 and a beta of 0.84.

Steppe Cement Company Profile

(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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