Monarch Cement (OTCMKTS:MCEM) Releases Quarterly Earnings Results

Monarch Cement (OTCMKTS:MCEM) announced its quarterly earnings data on Monday. The construction company reported $5.65 EPS for the quarter, Zacks reports. The firm had revenue of $69.74 million for the quarter. Monarch Cement had a net margin of 28.98% and a return on equity of 17.38%.

Monarch Cement Price Performance

Shares of Monarch Cement stock opened at $275.00 on Wednesday. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 13.60 and a beta of 0.42. Monarch Cement has a 52 week low of $207.00 and a 52 week high of $299.75. The stock’s 50-day simple moving average is $280.16 and its 200-day simple moving average is $266.79.

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.