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

Steppe Cement Ltd. (LON:STCM) insider Javier del Ser Perez purchased 125,000 shares of the firm’s stock in a transaction dated Thursday, August 1st. The shares were bought at an average price of GBX 13 ($0.17) per share, for a total transaction of £16,250 ($20,903.01).

Steppe Cement Trading Down 1.8 %

Shares of STCM opened at GBX 13.80 ($0.18) on Monday. The business’s 50-day moving average price is GBX 16.59 and its 200-day moving average price is GBX 18.97. Steppe Cement Ltd. has a twelve month low of GBX 12.02 ($0.15) and a twelve month high of GBX 30 ($0.39). The stock has a market cap of £30.22 million, a PE ratio of 483.33 and a beta of 0.57. The company has a quick ratio of 1.63, a current ratio of 2.60 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 given a dividend of GBX 1.50 ($0.02) per share. This represents a dividend yield of 8.57%. The ex-dividend date of this dividend was Monday, May 27th. Steppe Cement’s dividend payout ratio is presently 16,666.67%.

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.