The Monarch Cement Co. (OTCMKTS:MCEM – Get Free Report)’s stock price crossed below its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $267.16 and traded as low as $262.02. Monarch Cement shares last traded at $262.02, with a volume of 32 shares trading hands.
Monarch Cement Stock Performance
The company’s 50 day simple moving average is $267.06 and its 200-day simple moving average is $270.98. The firm has a market capitalization of $979.70 million, a PE ratio of 13.06 and a beta of 0.38.
Monarch Cement (OTCMKTS:MCEM – Get Free Report) last released its quarterly earnings results on Monday, August 10th. The construction company reported $5.65 EPS for the quarter. The firm had revenue of $69.74 million during the quarter. Monarch Cement had a net margin of 28.98% and a return on equity of 17.20%.
Monarch Cement Company Profile
The Monarch Cement Company manufactures and sells cement products for construction and related industrial applications. Its product portfolio includes Portland cement and other cement products used in concrete, masonry, infrastructure, commercial, and residential projects.
Founded in 1908, the company is headquartered in Humboldt, Kansas. Monarch Cement operates manufacturing facilities in Kansas and Oklahoma and distributes its products through a network serving customers primarily across the central United States.
The company supplies cement to ready-mix producers, concrete-product manufacturers, contractors, building-material dealers, and other construction-related customers.
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