Steppe Cement Ltd. (LON:STCM – Get Free Report)’s stock price shot up 8.2% during trading on Friday . The stock traded as high as GBX 15.88 ($0.21) and last traded at GBX 15.15 ($0.20). 138,593 shares were traded during mid-day trading, an increase of 145% from the average session volume of 56,594 shares. The stock had previously closed at GBX 14 ($0.18).
Steppe Cement Stock Performance
The company has a market cap of £41.53 million, a price-to-earnings ratio of 42.84 and a beta of 0.84. The stock has a 50 day simple moving average of GBX 14.44 and a 200 day simple moving average of GBX 14.69. 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
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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