Steppe Cement (LON:STCM) Trading 8.2% Higher – Here’s What Happened

Steppe Cement Ltd. (LON:STCMGet Free Report)’s share price was up 8.2% on Friday . The company traded as high as GBX 15.88 ($0.21) and last traded at GBX 15.15 ($0.20). Approximately 138,593 shares were traded during trading, an increase of 145% from the average daily volume of 56,594 shares. The stock had previously closed at GBX 14 ($0.18).

Steppe Cement Stock Up 8.2 %

The stock’s fifty day moving average is GBX 14.42 and its two-hundred day moving average is GBX 14.68. The company has a current ratio of 2.15, a quick ratio of 1.63 and a debt-to-equity ratio of 13.75. The firm has a market cap of £41.53 million, a P/E ratio of 42.84 and a beta of 0.84.

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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