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

The Monarch Cement Co. (OTCMKTS:MCEM - Get Free Report)'s share price traded up 5% on Friday . The company traded as high as $250.00 and last traded at $250.00. 211 shares changed hands during 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 Down 3.2%

The company's 50-day simple moving average is $242.45 and its 200 day simple moving average is $229.57. The firm has a market capitalization of $866.51 million, a PE ratio of 16.65 and a beta of 0.60.

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

About Monarch Cement

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.