Steppe Cement Ltd. (LON:STCM – Get Free Report)’s stock price rose 14% during trading on Wednesday . The stock traded as high as GBX 25 and last traded at GBX 24.50. Approximately 488,784 shares were traded during mid-day trading, an increase of 495% from the average session volume of 82,183 shares. The stock had previously closed at GBX 21.50.
Steppe Cement Price Performance
The business’s 50 day moving average price is GBX 21.47 and its two-hundred day moving average price is GBX 20.49. 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 stock has a market cap of £53.66 million, a P/E ratio of 16.23 and a beta of 0.71.
Insiders Place Their Bets
In other news, insider Javier del Ser Perez acquired 122,000 shares of the firm’s stock in a transaction on Friday, July 17th. The stock was acquired at an average price of GBX 22 per share, for a total transaction of £26,840. 9.42% of the stock is currently owned by 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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