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Monarch Cement (OTCMKTS:MCEM) Shares Cross Above 50-Day Moving Average - Time to Sell?

Monarch Cement logo with Construction background

The Monarch Cement Company (OTCMKTS:MCEM - Get Free Report) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $227.05 and traded as high as $244.79. Monarch Cement shares last traded at $244.40, with a volume of 1,955 shares changing hands.

Monarch Cement Price Performance

The stock has a market cap of $900.49 million, a PE ratio of 11.60 and a beta of 0.53. The stock has a 50-day moving average price of $227.84 and a two-hundred day moving average price of $219.96.

Monarch Cement (OTCMKTS:MCEM - Get Free Report) last released its quarterly earnings data on Friday, March 14th. The construction company reported $3.15 earnings per share (EPS) for the quarter. The business had revenue of $65.57 million for the quarter. Monarch Cement had a return on equity of 21.86% and a net margin of 28.76%.

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.

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