Steppe Cement (LON:STCM) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Steppe Cement Ltd. (LON:STCMGet Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 14.78 ($0.18) and traded as low as GBX 14.20 ($0.18). Steppe Cement shares last traded at GBX 14.40 ($0.18), with a volume of 49,740 shares traded.

Steppe Cement Price 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 £31.54 million, a PE ratio of 665.00 and a beta of 0.84. The firm’s 50 day simple moving average is GBX 14.86 and its 200 day simple moving average is GBX 14.78.

Steppe Cement Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were paid a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date of this dividend was Monday, December 16th. This represents a dividend yield of 10%.

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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