The Monarch Cement Co. (OTCMKTS:MCEM – Get Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $223.49 and traded as high as $225.00. Monarch Cement shares last traded at $217.55, with a volume of 336 shares traded.
Monarch Cement Price Performance
The business has a 50-day moving average of $223.49 and a two-hundred day moving average of $233.61. The company has a market cap of $796.67 million, a P/E ratio of 13.54 and a beta of 0.57.
Monarch Cement (OTCMKTS:MCEM – Get Free Report) last announced its earnings results on Wednesday, November 12th. The construction company reported $6.44 EPS for the quarter. Monarch Cement had a net margin of 19.56% and a return on equity of 12.31%. The business had revenue of $73.05 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.
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