Monarch Cement (OTCMKTS:MCEM) Trading Up 5% - Should You Buy?

The Monarch Cement Co. (OTCMKTS:MCEM - Get Free Report)'s stock price shot up 5% during trading on Friday . The company traded as high as $250.00 and last traded at $250.00. 211 shares were traded during mid-day trading, a decline of 89% from the average session volume of 1,862 shares. The stock had previously closed at $237.98.

Monarch Cement Stock Performance

The stock's 50-day simple moving average is $242.12 and its 200 day simple moving average is $229.24. The company has a market cap of $895.36 million, a PE ratio of 17.19 and a beta of 0.60.

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

Monarch Cement Company Profile

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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