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

Shares of Steppe Cement Ltd. (LON:STCMGet Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 19.62 and traded as low as GBX 19. Steppe Cement shares last traded at GBX 19.20, with a volume of 50,648 shares traded.

Steppe Cement Stock Performance

The stock has a 50-day moving average of GBX 20.31 and a 200 day moving average of GBX 19.63. The company has a debt-to-equity ratio of 4.55, a current ratio of 2.12 and a quick ratio of 1.63. The stock has a market capitalization of £44.85 million, a price-to-earnings ratio of 13.56 and a beta of 0.71.

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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