Steppe Cement Ltd. (LON:STCM) Insider Buys £16,250 in Stock

Steppe Cement Ltd. (LON:STCM) insider Javier del Ser Perez bought 125,000 shares of the stock in a transaction on Thursday, August 1st. The shares were acquired at an average cost of GBX 13 ($0.17) per share, with a total value of £16,250 ($20,903.01).

Steppe Cement Trading Down 1.8 %

Shares of Steppe Cement stock opened at GBX 13.80 ($0.18) on Monday. The firm’s 50 day moving average is GBX 16.59 and its 200 day moving average is GBX 18.97. The firm has a market capitalization of £30.22 million, a PE ratio of 483.33 and a beta of 0.57. Steppe Cement Ltd. has a 1 year low of GBX 12.02 ($0.15) and a 1 year high of GBX 30 ($0.39). The company has a current ratio of 2.60, a quick ratio of 1.63 and a debt-to-equity ratio of 11.01.

Steppe Cement Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, June 6th. Stockholders of record on Monday, May 27th were issued a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date of this dividend was Monday, May 27th. This represents a dividend yield of 8.57%. Steppe Cement’s dividend payout ratio (DPR) is presently 16,666.67%.

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.