The Monarch Cement Co. (OTCMKTS:MCEM – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $299.75 and last traded at $299.75, with a volume of 1018 shares. The stock had previously closed at $285.00.
Monarch Cement Trading Up 5.2%
The company has a market cap of $1.12 billion, a P/E ratio of 15.32 and a beta of 0.40. The business has a 50 day moving average price of $270.49 and a 200-day moving average price of $251.54.
Monarch Cement (OTCMKTS:MCEM – Get Free Report) last posted its earnings results on Friday, May 8th. The construction company reported $3.03 earnings per share for the quarter. The business had revenue of $49.37 million for the quarter. Monarch Cement had a return on equity of 14.75% and a net margin of 24.43%.
About Monarch Cement
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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