Steppe Cement (LON:STCM) Hits New 52-Week High – Should You Buy?

Steppe Cement Ltd. (LON:STCMGet Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 23 and last traded at GBX 23, with a volume of 257524 shares. The stock had previously closed at GBX 21.

Steppe Cement Stock Performance

The company has a market cap of £43.80 million, a P/E ratio of 10.75 and a beta of 0.71. The company’s 50-day moving average is GBX 19.85 and its two-hundred day moving average is GBX 19.45. The company has a quick ratio of 1.63, a current ratio of 2.12 and a debt-to-equity ratio of 8.45.

Steppe Cement Company Profile

(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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