Steppe Cement Ltd. (LON:STCM – Get Free Report) shares traded up 10.4% during mid-day trading on Wednesday. The stock traded as high as GBX 36.90 and last traded at GBX 35.87. Approximately 709,144 shares were traded during mid-day trading, an increase of 530% from the average session volume of 112,588 shares. The stock had previously closed at GBX 32.50.
Steppe Cement Trading Up 10.4%
The firm has a market capitalization of £78.56 million, a PE ratio of 6.17 and a beta of 0.71. The company’s 50-day simple moving average is GBX 25.07 and its 200 day simple moving average is GBX 21.94. The company has a quick ratio of 1.63, a current ratio of 2.51 and a debt-to-equity ratio of 3.02.
Insider Activity at Steppe Cement
In other news, insider Javier del Ser Perez acquired 122,000 shares of Steppe Cement stock in a transaction that occurred on Friday, July 17th. The stock was purchased 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 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.
Read More
- Five stocks we like better than Steppe Cement
- Penguin Solutions Is Soaring as AI Memory Demand Explodes
- Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up
- Morgan Stanley Is Bullish on Apple—But With a Catch
- Disney Is Opening the Door to Netflix—and Changing the Streaming Playbook
Receive News & Ratings for Steppe Cement Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Steppe Cement and related companies with MarketBeat.com's FREE daily email newsletter.
