Steppe Cement (LON:STCM) Hits New 1-Year High – Here’s What Happened

Shares of Steppe Cement Ltd. (LON:STCM – Get Free Report) hit a new 52-week high during mid-day trading on Thursday. The company traded as high as GBX 38 and last traded at GBX 37.85, with a volume of 668908 shares changing hands. The stock had previously closed at GBX 36.

Steppe Cement Price 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 £82.89 million, a P/E ratio of 6.51 and a beta of 0.71. The business has a fifty day moving average of GBX 25.33 and a 200 day moving average of GBX 22.06.

Insider Transactions at Steppe Cement

In other Steppe Cement news, insider Javier del Ser Perez acquired 122,000 shares of the business’s stock in a transaction dated Friday, July 17th. The stock was bought at an average cost of GBX 22 per share, with a total value of £26,840. 9.42% of the stock is owned by corporate insiders.

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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