Steppe Cement (LON:STCM) Stock Crosses Above 50 Day Moving Average of $27.95

Steppe Cement Ltd (LON:STCM) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $27.95 and traded as high as $32.25. Steppe Cement shares last traded at $31.00, with a volume of 199,867 shares changing hands.

The business has a 50-day moving average price of GBX 27.95 and a two-hundred day moving average price of GBX 30.35. The stock has a market capitalization of $67.89 million and a P/E ratio of 5.74. The company has a current ratio of 1.25, a quick ratio of 0.64 and a debt-to-equity ratio of 20.71.

About Steppe Cement (LON:STCM)

Steppe Cement Ltd., an investment holding company, produces and sells cement in Kazakhstan. The company also engages in the provision of consultancy services; and transmission and distribution of electricity. Steppe Cement Ltd. is headquartered in Kuala Lumpur, Malaysia.

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