Steppe Cement (LON:STCM) Shares Pass Below 200 Day Moving Average – What’s Next?

Steppe Cement Ltd. (LON:STCMGet Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 19.77 and traded as low as GBX 19.20. Steppe Cement shares last traded at GBX 19.95, with a volume of 6,651 shares trading hands.

Steppe Cement Stock Performance

The firm has a market capitalization of £44.90 million, a price-to-earnings ratio of 13.58 and a beta of 0.70. The company has a debt-to-equity ratio of 4.55, a quick ratio of 1.63 and a current ratio of 2.12. The business has a fifty day moving average price of GBX 20.39 and a 200 day moving average price of GBX 19.78.

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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