Steppe Cement (LON:STCM) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Steppe Cement Ltd. (LON:STCMGet Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 18.68 and traded as low as GBX 17. Steppe Cement shares last traded at GBX 17, with a volume of 45,066 shares changing hands.

Steppe Cement Price Performance

The firm’s 50 day simple moving average is GBX 19.89 and its two-hundred day simple moving average is GBX 18.68. The company has a debt-to-equity ratio of 8.45, a current ratio of 2.12 and a quick ratio of 1.63. The firm has a market capitalization of £41.17 million, a P/E ratio of 10.11 and a beta of 0.66.

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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