Free Trial

Monarch Cement (OTCMKTS:MCEM) Shares Pass Above 50 Day Moving Average - Here's Why

Monarch Cement logo with Construction background

The Monarch Cement Co. (OTCMKTS:MCEM - Get Free Report)'s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $242.27 and traded as high as $246.72. Monarch Cement shares last traded at $243.00, with a volume of 769 shares traded.

Monarch Cement Stock Performance

The stock has a 50-day simple moving average of $242.27 and a two-hundred day simple moving average of $232.06. The firm has a market cap of $895.79 million, a PE ratio of 17.21 and a beta of 0.58.

Monarch Cement (OTCMKTS:MCEM - Get Free Report) last released its quarterly earnings results on Friday, May 9th. The construction company reported $0.72 earnings per share (EPS) for the quarter. The business had revenue of $38.72 million during the quarter. Monarch Cement had a return on equity of 13.45% and a net margin of 20.30%.

Monarch Cement Company Profile

(Get Free Report)

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.

Featured Stories

Should You Invest $1,000 in Monarch Cement Right Now?

Before you consider Monarch Cement, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Monarch Cement wasn't on the list.

While Monarch Cement currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Analysts Agree—These Gold Picks Outshine the Rest Cover

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

This Strategy Beat the S&P—And Most Investors Ignore It
Time to Cash Out? 5 Stocks to Drop Before Earnings
Watch Before Monday: Stocks to Load Up on Before Earnings

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines