Monarch Cement (OTCMKTS:MCEM) Reaches New 1-Year High – Should You Buy?

The Monarch Cement Co. (OTCMKTS:MCEM)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $272.00 and last traded at $272.00, with a volume of 1353 shares traded. The stock had previously closed at $260.95.

Monarch Cement Stock Performance

The company has a market cap of $1.07 billion, a price-to-earnings ratio of 16.52 and a beta of 0.35. The business has a fifty day moving average price of $255.82 and a 200 day moving average price of $239.50.

Monarch Cement (OTCMKTS:MCEM) last posted its quarterly earnings results on Friday, March 13th. The construction company reported $5.10 EPS for the quarter. Monarch Cement had a return on equity of 13.00% and a net margin of 22.00%.The company had revenue of $68.67 million during the quarter.

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.