Steppe Cement (LON:STCM) Hits New 1-Year High – Should You Buy?

Steppe Cement Ltd. (LON:STCMGet Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 26 and last traded at GBX 25.95, with a volume of 776296 shares. The stock had previously closed at GBX 23.50.

Steppe Cement Stock Performance

The business has a fifty day moving average of GBX 21.79 and a 200-day moving average of GBX 20.61. The company has a market cap of £56.83 million, a PE ratio of 17.19 and a beta of 0.71. The company has a current ratio of 2.12, a quick ratio of 1.63 and a debt-to-equity ratio of 4.55.

Insider Buying and Selling at Steppe Cement

In other Steppe Cement news, insider Javier del Ser Perez bought 122,000 shares of Steppe Cement stock in a transaction dated Friday, July 17th. The shares were purchased at an average cost of GBX 22 per share, with a total value of £26,840. Corporate insiders own 9.42% of the company’s stock.

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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