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Monarch Cement (OTCMKTS:MCEM) Shares Down 4.2% - Here's What Happened

Monarch Cement logo with Construction background

The Monarch Cement Co. (OTCMKTS:MCEM - Get Free Report)'s stock price traded down 4.2% during trading on Wednesday . The company traded as low as $230.00 and last traded at $230.00. 830 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 1,873 shares. The stock had previously closed at $240.00.

Monarch Cement Trading Up 2.7%

The firm has a market capitalization of $894.87 million, a price-to-earnings ratio of 17.19 and a beta of 0.60. The stock's fifty day moving average price is $242.45 and its two-hundred day moving average price is $229.41.

Monarch Cement (OTCMKTS:MCEM - Get Free Report) last posted its earnings results on Friday, May 9th. The construction company reported $0.72 EPS for the quarter. The firm had revenue of $38.72 million for the quarter. Monarch Cement had a return on equity of 13.45% and a net margin of 20.30%.

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

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