Steppe Cement (LON:STCM) Trading Up 8.2% – Here’s Why

Steppe Cement Ltd. (LON:STCMGet Free Report) shares shot up 8.2% during trading on Friday . The stock traded as high as GBX 15.88 ($0.21) and last traded at GBX 15.15 ($0.20). 138,593 shares changed hands during mid-day trading, an increase of 145% from the average session volume of 56,594 shares. The stock had previously closed at GBX 14 ($0.18).

Steppe Cement Stock Up 8.2 %

The company has a debt-to-equity ratio of 13.75, a quick ratio of 1.63 and a current ratio of 2.15. The firm has a market capitalization of £41.53 million, a P/E ratio of 42.84 and a beta of 0.84. The stock has a fifty day moving average price of GBX 14.44 and a two-hundred day moving average price of GBX 14.69.

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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