Monarch Cement (OTCMKTS:MCEM) Reaches New 1-Year High – Here’s What Happened

The Monarch Cement Co. (OTCMKTS:MCEMGet Free Report)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $290.00 and last traded at $286.01, with a volume of 41 shares. The stock had previously closed at $285.75.

Monarch Cement Stock Performance

The stock has a fifty day moving average of $256.30 and a 200 day moving average of $239.90. The company has a market capitalization of $1.07 billion, a P/E ratio of 14.65 and a beta of 0.35.

Monarch Cement (OTCMKTS:MCEMGet Free Report) last posted its quarterly earnings results on Friday, May 8th. The construction company reported $3.03 EPS for the quarter. The business had revenue of $49.37 million for the quarter. Monarch Cement had a return on equity of 14.90% and a net margin of 24.43%.

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. 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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