Steppe Cement (LON:STCM) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Shares of Steppe Cement Ltd. (LON:STCMGet Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 17.18 ($0.23) and traded as low as GBX 17 ($0.23). Steppe Cement shares last traded at GBX 17 ($0.23), with a volume of 236 shares trading hands.

Steppe Cement Price Performance

The firm has a market capitalization of £43.58 million, a price-to-earnings ratio of 10.70 and a beta of 0.84. The company has a fifty day moving average price of GBX 17.46 and a two-hundred day moving average price of GBX 17.18. 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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