Steppe Cement Ltd. (LON:STCM – Get Free Report)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 25.22 and last traded at GBX 24.98, with a volume of 265051 shares. The stock had previously closed at GBX 24.50.
Steppe Cement Price Performance
The business has a 50-day simple moving average of GBX 21.55 and a two-hundred day simple moving average of GBX 20.52. The company has a quick ratio of 1.63, a current ratio of 2.12 and a debt-to-equity ratio of 4.55. The stock has a market capitalization of £54.70 million, a price-to-earnings ratio of 16.54 and a beta of 0.71.
Insiders Place Their Bets
In other news, insider Javier del Ser Perez bought 122,000 shares of the stock in a transaction that occurred on Friday, July 17th. The shares were purchased 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.
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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