Monarch Cement (OTCMKTS:MCEM – Get Free Report) posted its quarterly earnings data on Thursday. The construction company reported $6.01 earnings per share for the quarter, Zacks reports. Monarch Cement had a net margin of 28.98% and a return on equity of 17.20%.
Monarch Cement Stock Down 1.1%
OTCMKTS MCEM traded down $3.01 during trading hours on Thursday, hitting $270.00. 19 shares of the stock were exchanged, compared to its average volume of 547. The stock has a 50-day moving average of $266.12 and a 200 day moving average of $266.81. Monarch Cement has a 12-month low of $208.06 and a 12-month high of $299.75. The company has a market cap of $1.00 billion, a price-to-earnings ratio of 13.35 and a beta of 0.37.
Monarch Cement Company Profile
Monarch Cement Company manufactures and sells cement products for construction and infrastructure projects. Its offerings include portland and masonry cement used in applications such as buildings, roads and other concrete construction. Founded in 1908, the company is based in Humboldt, Kansas, where it operates a cement plant. Its market is centered in Kansas and extends into nearby states, including parts of Missouri, Nebraska and Oklahoma. Monarch also participates in the ready-mixed concrete business, serving construction customers in its regional markets.
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