The Monarch Cement Co. (OTCMKTS:MCEM - Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $252.50 and traded as high as $254.65. Monarch Cement shares last traded at $253.00, with a volume of 1,248 shares changing hands.
Monarch Cement Stock Up 1.2%
The stock has a market cap of $926.49 million, a P/E ratio of 14.67 and a beta of 0.40. The business has a 50-day simple moving average of $252.50 and a 200-day simple moving average of $236.35.
Monarch Cement (OTCMKTS:MCEM - Get Free Report) last announced its earnings results on Friday, March 13th. The construction company reported $5.10 earnings per share (EPS) for the quarter. The firm had revenue of $68.67 million during the quarter. Monarch Cement had a return on equity of 13.00% and a net margin of 22.00%.
About Monarch Cement
(
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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. The company sells its products principally in the State of Kansas, the State of Iowa, southeast Nebraska, western Missouri, northwest Arkansas, and northern Oklahoma.
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