Steppe Cement Ltd. (LON:STCM – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 14.80 ($0.19) and traded as low as GBX 14.45 ($0.18). Steppe Cement shares last traded at GBX 14.52 ($0.18), with a volume of 84,444 shares trading hands.
Steppe Cement Trading Down 7.4 %
The company has a fifty day simple moving average of GBX 14.71 and a 200-day simple moving average of GBX 14.80. The company has a market capitalization of £39.35 million, a PE ratio of 40.59 and a beta of 0.84. The company has a current ratio of 2.15, a quick ratio of 1.63 and a debt-to-equity ratio of 13.75.
Steppe Cement Announces Dividend
The company also recently announced 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. This represents a yield of 10%. The ex-dividend date of this dividend was Monday, December 16th. Steppe Cement’s payout ratio is 565.49%.
Steppe Cement Company Profile
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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