Shares of The Monarch Cement Co. (OTCMKTS:MCEM – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $265.00, but opened at $283.45. Monarch Cement shares last traded at $283.45, with a volume of 3 shares trading hands.
Monarch Cement Trading Up 2.3%
The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 13.40 and a beta of 0.40. The business has a 50-day moving average price of $271.34 and a two-hundred day moving average price of $270.12.
Monarch Cement (OTCMKTS:MCEM – Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The construction company reported $5.65 EPS for the quarter. Monarch Cement had a return on equity of 17.20% and a net margin of 28.98%.The firm had revenue of $69.74 million during the quarter.
Monarch Cement Company Profile
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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