Steppe Cement (LON:STCM) Share Price Crosses Above 200-Day Moving Average of $0.00

Steppe Cement Ltd (LON:STCM)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $28.52. Steppe Cement shares last traded at $28.51, with a volume of 24,674 shares changing hands.

The stock’s fifty day moving average is GBX 31.40. The company has a market cap of $61.32 million and a PE ratio of 6.83. The company has a debt-to-equity ratio of 21.13, a current ratio of 1.59 and a quick ratio of 0.60.

The business also recently announced a dividend, which was paid on Friday, July 12th. Investors of record on Thursday, June 20th were issued a GBX 3 ($0.04) dividend. This represents a yield of 9.38%. This is an increase from Steppe Cement’s previous dividend of $1.00. The ex-dividend date was Thursday, June 20th. Steppe Cement’s payout ratio is presently 0.73%.

About Steppe Cement (LON:STCM)

Steppe Cement Ltd., an investment holding company, produces and sells cement in Kazakhstan. The company also engages in the provision of consultancy services; and transmission and distribution of electricity. Steppe Cement Ltd. is headquartered in Kuala Lumpur, Malaysia.

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