Monarch Cement (OTCMKTS:MCEM) Shares Cross Below 200 Day Moving Average – What’s Next?

The Monarch Cement Co. (OTCMKTS:MCEMGet Free Report)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $235.85 and traded as low as $217.91. Monarch Cement shares last traded at $220.05, with a volume of 682 shares.

Monarch Cement Stock Up 0.1%

The firm has a market capitalization of $805.82 million, a P/E ratio of 13.69 and a beta of 0.57. The company has a fifty day simple moving average of $227.52 and a 200 day simple moving average of $235.85.

Monarch Cement Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, September 5th. Investors of record on Tuesday, August 26th were given a dividend of $0.83 per share. This represents a yield of 140.0%. The ex-dividend date of this dividend was Monday, August 25th. Monarch Cement’s dividend payout ratio is 20.66%.

About Monarch Cement

(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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