Steppe Cement (LON:STCM) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

Steppe Cement Ltd. (LON:STCMGet Free Report)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 18.66 and traded as low as GBX 17. Steppe Cement shares last traded at GBX 17, with a volume of 80,797 shares trading hands.

Steppe Cement Stock Performance

The company has a market cap of £37.23 million, a P/E ratio of 9.14 and a beta of 0.66. The stock has a 50 day moving average price of GBX 20.14 and a two-hundred day moving average price of GBX 18.66. 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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