The Monarch Cement Company (OTCMKTS:MCEM – Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $187.29 and traded as high as $194.50. Monarch Cement shares last traded at $194.00, with a volume of 194 shares changing hands.
Monarch Cement Stock Up 0.5 %
The stock has a market cap of $715.86 million, a P/E ratio of 10.74 and a beta of 0.58. The firm’s 50 day simple moving average is $187.29 and its two-hundred day simple moving average is $189.51.
Monarch Cement (OTCMKTS:MCEM – Get Free Report) last announced its quarterly earnings results on Friday, August 9th. The construction company reported $3.14 earnings per share for the quarter. The business had revenue of $72.36 million for the quarter. Monarch Cement had a return on equity of 19.54% and a net margin of 25.25%.
Monarch Cement Dividend Announcement
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.
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