Monarch Cement (OTCMKTS:MCEM) Reaches New 12-Month High – Here’s Why

The Monarch Cement Co. (OTCMKTS:MCEM)’s stock price reached a new 52-week high on Monday . The stock traded as high as $272.00 and last traded at $272.00, with a volume of 1353 shares traded. The stock had previously closed at $260.95.

Monarch Cement Price Performance

The firm has a market capitalization of $1.03 billion, a P/E ratio of 15.98 and a beta of 0.35. The firm has a 50-day moving average price of $255.00 and a two-hundred day moving average price of $238.64.

Monarch Cement (OTCMKTS:MCEM) last released its earnings results on Friday, March 13th. The construction company reported $5.10 earnings per share for the quarter. Monarch Cement had a return on equity of 13.00% and a net margin of 22.00%.The business had revenue of $68.67 million during the quarter.

Monarch Cement Company Profile

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.