The Monarch Cement Co. (OTCMKTS:MCEM – Get Free Report)’s share price traded up 5% during mid-day trading on Friday . The stock 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 Performance
The company has a market capitalization of $894.87 million, a P/E ratio of 17.19 and a beta of 0.60. The company’s fifty day simple moving average is $242.45 and its 200-day simple moving average is $229.49.
Monarch Cement (OTCMKTS:MCEM – Get Free Report) last released its quarterly earnings data on Friday, May 9th. The construction company reported $0.72 earnings per share for the quarter. The business had revenue of $38.72 million for the quarter. Monarch Cement had a return on equity of 13.45% and a net margin of 20.30%.
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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