Steppe Cement (LON:STCM) Share Price Passes Below Two Hundred Day Moving Average – What’s Next?

Steppe Cement Ltd. (LON:STCM)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 15.82 ($0.20) and traded as low as GBX 14.70 ($0.19). Steppe Cement shares last traded at GBX 15 ($0.19), with a volume of 176,774 shares trading hands.

Steppe Cement Price Performance

The company has a 50 day moving average of GBX 14.38 and a two-hundred day moving average of GBX 15.82. The firm has a market cap of £32.85 million, a P/E 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.

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.