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Steppe Cement (LON:STCM) Sets New 52-Week High - Time to Buy?

Steppe Cement logo with Basic Materials background

Shares of Steppe Cement Ltd. (LON:STCM - Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as GBX 20.95 ($0.28) and last traded at GBX 20.50 ($0.28), with a volume of 192332 shares. The stock had previously closed at GBX 19 ($0.26).

Steppe Cement Price Performance

The stock has a fifty day moving average of GBX 16.82 and a two-hundred day moving average of GBX 15.48. The stock has a market cap of £53.45 million, a price-to-earnings ratio of 55.14 and a beta of 0.84. The company has a quick ratio of 1.63, a current ratio of 2.15 and a debt-to-equity ratio of 13.75.

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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