Shares of Steppe Cement Ltd. (LON:STCM – Get Free Report) rose 14% during trading on Wednesday . The company traded as high as GBX 25 and last traded at GBX 24.50. 488,784 shares changed hands during trading, an increase of 495% from the average daily volume of 82,183 shares. The stock had previously closed at GBX 21.50.
Steppe Cement Price Performance
The company has a current ratio of 2.12, a quick ratio of 1.63 and a debt-to-equity ratio of 4.55. The company has a market capitalization of £54.45 million, a PE ratio of 16.47 and a beta of 0.71. The stock’s 50-day moving average is GBX 21.64 and its two-hundred day moving average is GBX 20.55.
Insider Activity
In other Steppe Cement news, insider Javier del Ser Perez bought 122,000 shares of the business’s stock in a transaction dated Friday, July 17th. The shares were purchased at an average price of GBX 22 per share, with a total value of £26,840. 9.42% of the stock is owned by company insiders.
Steppe Cement Company Profile
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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