The Monarch Cement Company (OTCMKTS:MCEM - Get Free Report)'s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $239.15 and traded as high as $245.50. Monarch Cement shares last traded at $242.50, with a volume of 230 shares changing hands.
Monarch Cement Stock Down 3.8%
The firm has a market capitalization of $845.92 million, a price-to-earnings ratio of 10.90 and a beta of 0.60. The stock's fifty day moving average is $240.54 and its two-hundred day moving average is $228.69.
Monarch Cement (OTCMKTS:MCEM - Get Free Report) last issued its quarterly earnings data on Friday, May 9th. The construction company reported $0.72 earnings per share for the quarter. The business had revenue of $38.72 million during the quarter. Monarch Cement had a net margin of 28.76% and a return on equity of 21.86%.
About Monarch Cement
(
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
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
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
