Monarch Cement (OTCMKTS:MCEM) Shares Gap Up – Should You Buy?

The Monarch Cement Co. (OTCMKTS:MCEMGet Free Report)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $265.00, but opened at $283.45. Monarch Cement shares last traded at $283.45, with a volume of 3 shares.

Monarch Cement Price Performance

The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 13.35 and a beta of 0.40. The stock has a fifty day moving average of $271.02 and a two-hundred day moving average of $270.16.

Monarch Cement (OTCMKTS:MCEMGet Free Report) last announced its earnings results on Monday, August 10th. The construction company reported $5.65 EPS for the quarter. Monarch Cement had a return on equity of 17.20% and a net margin of 28.98%.The firm had revenue of $69.74 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. The company sells its products principally in the State of Kansas, the State of Iowa, southeast Nebraska, western Missouri, northwest Arkansas, and northern Oklahoma.

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