Shares of Steppe Cement Ltd. (LON:STCM – Get Free Report) shot up 12.6% during trading on Monday . The stock traded as high as GBX 15.90 ($0.21) and last traded at GBX 15.40 ($0.20). 481,804 shares changed hands during mid-day trading, an increase of 325% from the average session volume of 113,369 shares. The stock had previously closed at GBX 13.68 ($0.18).
Steppe Cement Price Performance
The stock has a market cap of £33.73 million, a PE ratio of 665.00 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. The company’s fifty day moving average is GBX 14.87 and its 200 day moving average is GBX 16.61.
Insider Activity at Steppe Cement
In other news, insider Javier del Ser Perez acquired 125,000 shares of the stock in a transaction on Thursday, August 1st. The stock was bought at an average price of GBX 13 ($0.17) per share, with a total value of £16,250 ($21,266.85). Company insiders own 57.24% of the company’s stock.
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.
Further Reading
- Five stocks we like better than Steppe Cement
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Why Fastenal Stock Could Hit New Highs After Strong Q3 Results
- How Can Investors Benefit From After-Hours Trading
- Why Eli Lilly Stock Is Soaring—and How It Plans to Stay on Top
- What is the Australian Securities Exchange (ASX)
- 3 Mid-Cap Stocks Under $20 With Insider Buying and Major Upside
Receive News & Ratings for Steppe Cement Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Steppe Cement and related companies with MarketBeat.com's FREE daily email newsletter.
