Monarch Cement (OTCMKTS:MCEM) Issues Quarterly Earnings Results

Monarch Cement (OTCMKTS:MCEM) released its quarterly earnings data on Friday. The construction company reported $3.15 earnings per share for the quarter, Zacks reports. Monarch Cement had a net margin of 28.76% and a return on equity of 21.86%.

Monarch Cement Stock Performance

Shares of OTCMKTS MCEM traded down $1.00 during mid-day trading on Friday, reaching $226.00. 1,956 shares of the company traded hands, compared to its average volume of 2,126. The stock has a market cap of $827.61 million, a PE ratio of 10.67 and a beta of 0.60. The company’s fifty day moving average is $225.69 and its two-hundred day moving average is $209.38. Monarch Cement has a fifty-two week low of $170.00 and a fifty-two week high of $305.00.

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.