The Monarch Cement Co. (OTCMKTS:MCEM - Get Free Report)'s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $242.78 and traded as low as $237.01. Monarch Cement shares last traded at $238.66, with a volume of 23 shares traded.
Monarch Cement Price Performance
The firm has a market capitalization of $902.32 million, a PE ratio of 17.33 and a beta of 0.58. The stock's 50-day moving average price is $242.58 and its 200 day moving average price is $231.33.
Monarch Cement (OTCMKTS:MCEM - Get Free Report) last issued its earnings results on Friday, May 9th. The construction company reported $0.72 EPS for the quarter. The business had revenue of $38.72 million for the quarter. Monarch Cement had a net margin of 20.30% and a return on equity of 13.45%.
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.
Further Reading
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
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
