Steppe Cement (LON:STCM) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

Steppe Cement Ltd. (LON:STCMGet Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 14.62 ($0.19) and traded as high as GBX 16 ($0.20). Steppe Cement shares last traded at GBX 16 ($0.20), with a volume of 31,175 shares traded.

Steppe Cement Trading Up 14.3 %

The company has a 50 day moving average of GBX 14.63 and a 200 day moving average of GBX 14.62. The company has a debt-to-equity ratio of 13.75, a quick ratio of 1.63 and a current ratio of 2.15. The stock has a market capitalization of £43.86 million, a price-to-earnings ratio of 45.24 and a beta of 0.84.

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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