Monarch Cement (OTCMKTS:MCEM) Shares Cross Above 50 Day Moving Average – Should You Sell?

The Monarch Cement Co. (OTCMKTS:MCEMGet Free Report)’s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $220.59 and traded as high as $229.00. Monarch Cement shares last traded at $226.32, with a volume of 417 shares traded.

Monarch Cement Trading Up 0.1%

The business’s 50 day simple moving average is $220.59 and its two-hundred day simple moving average is $231.19. The firm has a market capitalization of $828.33 million, a PE ratio of 14.79 and a beta of 0.44.

Monarch Cement (OTCMKTS:MCEMGet Free Report) last issued its quarterly earnings data on Wednesday, November 12th. The construction company reported $6.44 earnings per share for the quarter. Monarch Cement had a net margin of 19.60% and a return on equity of 11.63%. The firm had revenue of $73.05 million for the quarter.

Monarch Cement Company Profile

(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.

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