Monarch Cement (OTCMKTS:MCEM) Shares Pass Above 50 Day Moving Average – Here’s What Happened

The Monarch Cement Co. (OTCMKTS:MCEM) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $267.97 and traded as high as $287.00. Monarch Cement shares last traded at $287.00, with a volume of 118 shares.

Monarch Cement Stock Performance

The stock has a 50 day moving average price of $267.97 and a two-hundred day moving average price of $249.79. The company has a market capitalization of $1.07 billion, a PE ratio of 14.67 and a beta of 0.40.

Monarch Cement (OTCMKTS:MCEM) last issued its quarterly earnings data on Friday, May 8th. The construction company reported $3.03 EPS for the quarter. The business 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

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.