Monarch Cement (OTCMKTS:MCEM) Sees Unusually-High Trading Volume – Time to Buy?

The Monarch Cement Co. (OTCMKTS:MCEMGet Free Report) shares saw unusually-strong trading volume on Friday . 1,197 shares were traded during mid-day trading, an increase of 112% from the previous session’s volume of 565 shares.The stock last traded at $266.00 and had previously closed at $266.00.

Monarch Cement Trading Down 1.2%

The firm has a market capitalization of $982.73 million, a P/E ratio of 13.43 and a beta of 0.42. The company has a 50-day moving average of $281.26 and a 200-day moving average of $266.18.

Monarch Cement (OTCMKTS:MCEMGet Free Report) last released its quarterly earnings results on Friday, May 8th. The construction company reported $3.03 EPS for the quarter. The firm 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%.

Monarch Cement Company Profile

(Get Free Report)

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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