The Monarch Cement Co. (OTCMKTS:MCEM - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $235.44 and traded as low as $230.00. Monarch Cement shares last traded at $235.67, with a volume of 131 shares.
Monarch Cement Stock Performance
The stock has a market cap of $852.74 million, a price-to-earnings ratio of 14.50 and a beta of 0.59. The business's 50 day moving average is $237.19 and its 200 day moving average is $235.61.
Monarch Cement (OTCMKTS:MCEM - Get Free Report) last released its earnings results on Friday, August 8th. The construction company reported $4.99 earnings per share (EPS) for the quarter. Monarch Cement had a net margin of 19.56% and a return on equity of 12.31%. The company had revenue of $67.83 million during the quarter.
Monarch Cement Announces Dividend
The firm also recently declared a dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, August 26th were issued a dividend of $0.83 per share. The ex-dividend date was Monday, August 25th. This represents a dividend yield of 140.0%. Monarch Cement's dividend payout ratio (DPR) is currently 20.66%.
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.
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