Shares of The Monarch Cement Company (OTCMKTS:MCEM – Get Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $189.09 and traded as high as $197.05. Monarch Cement shares last traded at $194.00, with a volume of 11 shares changing hands.
Monarch Cement Trading Up 1.7 %
The firm has a 50 day moving average price of $189.52 and a 200-day moving average price of $173.20. The firm has a market cap of $726.78 million, a price-to-earnings ratio of 8.83 and a beta of 0.54.
Monarch Cement (OTCMKTS:MCEM – Get Free Report) last posted its earnings results on Friday, May 10th. The construction company reported $4.53 earnings per share (EPS) for the quarter. The firm had revenue of $50.09 million for the quarter. Monarch Cement had a return on equity of 24.93% and a net margin of 30.92%.
Monarch Cement Dividend Announcement
About Monarch Cement
The Monarch Cement Company engages in the manufacture and sale of portland cement in the United States. The company also provides masonry cement, ready-mixed concrete, concrete products, and sundry building materials. It primarily serves contractors, ready-mixed concrete plants, concrete products plants, building materials dealers, and governmental agencies.
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