The Monarch Cement Co. (OTCMKTS:MCEM – Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 703 shares changed hands during mid-day trading, an increase of 27% from the previous session’s volume of 554 shares.The stock last traded at $276.00 and had previously closed at $275.00.
Monarch Cement Stock Down 1.4%
The stock’s 50-day moving average price is $284.10 and its 200 day moving average price is $264.55. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 13.86 and a beta of 0.40.
Monarch Cement (OTCMKTS:MCEM – Get Free Report) last issued its earnings results on Friday, May 8th. The construction company reported $3.03 earnings per share (EPS) for the quarter. Monarch Cement had a return on equity of 14.75% and a net margin of 24.43%.The business had revenue of $49.37 million during the quarter.
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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