Steppe Cement (LON:STCM) Sets New 12-Month High – Here’s What Happened

Steppe Cement Ltd. (LON:STCMGet Free Report) shares hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 23 and last traded at GBX 23, with a volume of 257524 shares trading hands. The stock had previously closed at GBX 21.

Steppe Cement Price Performance

The stock’s 50-day moving average price is GBX 19.75 and its 200 day moving average price is GBX 19.40. The firm has a market cap of £50.37 million, a price-to-earnings ratio of 12.37 and a beta of 0.71. The company has a quick ratio of 1.63, a current ratio of 2.12 and a debt-to-equity ratio of 8.45.

About Steppe Cement

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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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