Steppe Cement (LON:STCM) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?
by Michael Walen · The Markets DailySteppe Cement Ltd. (LON:STCM – Get Free Report)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 14.65 ($0.19) and traded as low as GBX 13.38 ($0.17). Steppe Cement shares last traded at GBX 14.34 ($0.19), with a volume of 97,755 shares traded.
Steppe Cement Stock Performance
The company has a quick ratio of 1.63, a current ratio of 2.15 and a debt-to-equity ratio of 13.75. The company has a market capitalization of £40.95 million, a PE ratio of 42.24 and a beta of 0.84. The company has a 50-day moving average price of GBX 14.53 and a two-hundred day moving average price of GBX 14.63.
About Steppe Cement
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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