Monarch Cement (OTCMKTS:MCEM) Posts Earnings Results

Key Points

• Monarch Cement reported earnings of $4.99 per share for the quarter, with a net margin of 20.30% and a return on equity of 13.45%.
• The company's stock price remained stable at $230.00, with a market cap of approximately $842.26 million and a P/E ratio of 16.17.
• Monarch Cement is involved in the manufacturing and sale of portland cement, servicing contractors, ready-mixed concrete plants, and governmental agencies across the United States.

Monarch Cement (OTCMKTS:MCEM - Get Free Report) issued its quarterly earnings data on Friday. The construction company reported $4.99 EPS for the quarter, Zacks reports. Monarch Cement had a net margin of 19.56% and a return on equity of 12.41%. The business had revenue of $67.83 million during the quarter.

Monarch Cement Price Performance

MCEM stock traded up $0.01 during trading on Tuesday, hitting $230.01. 263 shares of the stock traded hands, compared to its average volume of 1,541. The firm's 50 day moving average is $238.67 and its two-hundred day moving average is $234.42. The stock has a market cap of $841.84 million, a price-to-earnings ratio of 14.31 and a beta of 0.58. Monarch Cement has a 1 year low of $181.00 and a 1 year 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.