Steppe Cement (LON:STCM) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Shares of Steppe Cement Ltd. (LON:STCMGet Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 14.80 ($0.18) and traded as low as GBX 13.50 ($0.17). Steppe Cement shares last traded at GBX 14.15 ($0.18), with a volume of 13,752 shares trading hands.

Steppe Cement Price Performance

The company has a market cap of £30.88 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 firm has a 50 day simple moving average of GBX 14.95 and a 200-day simple moving average of GBX 14.79.

Steppe Cement Announces Dividend

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

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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