Monarch Cement (OTCMKTS:MCEM) Sees Unusually-High Trading Volume – Here’s Why

Shares of The Monarch Cement Co. (OTCMKTS:MCEM) saw unusually-high trading volume on Thursday. 740 shares were traded during mid-day trading, an increase of 38% from the average daily volume of 535 shares. The stock last traded at $266.00 and had previously closed at $270.00.

Monarch Cement Price Performance

The company’s 50-day moving average price is $264.92 and its two-hundred day moving average price is $265.65. The company has a market capitalization of $983.15 million, a price-to-earnings ratio of 13.11 and a beta of 0.38.

Monarch Cement (OTCMKTS:MCEM) last issued its quarterly earnings results on Monday, August 10th. The construction company reported $5.65 EPS for the quarter. The company had revenue of $69.74 million for the quarter. Monarch Cement had a net margin of 28.98% and a return on equity of 17.20%.

About Monarch Cement

The Monarch Cement Company (OTCMKTS:MCEM) manufactures and sells cement products for construction and infrastructure applications. Its product portfolio includes Portland cement, masonry cement and other specialty cement products used in concrete, commercial construction, residential development, roads, bridges and industrial projects.

Founded in 1908, the company is headquartered in Humboldt, Kansas. Monarch Cement serves customers primarily across the central United States, including markets in Kansas, Missouri, Nebraska, Oklahoma and surrounding states.