Steppe Cement (LON:STCM) Hits New 12-Month High – Still a Buy?

Steppe Cement Ltd. (LON:STCM – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Thursday. The stock traded as high as GBX 47 and last traded at GBX 46.01, with a volume of 508,821 shares traded. The stock had previously closed at GBX 44.

Steppe Cement Stock Performance

The company has a quick ratio of 1.63, a current ratio of 2.51 and a debt-to-equity ratio of 3.02. The firm has a market cap of £98.55 million, a PE ratio of 7.75 and a beta of 0.71. The business has a 50 day simple moving average of GBX 31.86 and a two-hundred day simple moving average of GBX 23.28.

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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