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Monarch Cement (OTCMKTS:MCEM) Shares Gap Down - Should You Sell?

Monarch Cement logo with Construction background

The Monarch Cement Co. (OTCMKTS:MCEM - Get Free Report)'s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $239.00, but opened at $230.25. Monarch Cement shares last traded at $238.10, with a volume of 18 shares.

Monarch Cement Trading Up 0.0%

The company has a market cap of $871.08 million, a P/E ratio of 16.74 and a beta of 0.58. The business has a 50 day moving average price of $243.04 and a 200-day moving average price of $230.43.

Monarch Cement (OTCMKTS:MCEM - Get Free Report) last issued its quarterly earnings results on Friday, May 9th. The construction company reported $0.72 earnings per share 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.

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