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

Shares of The Monarch Cement Co. (OTCMKTS:MCEMGet Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $220.59 and traded as high as $229.00. Monarch Cement shares last traded at $226.32, with a volume of 417 shares trading hands.

Monarch Cement Trading Up 0.1%

The company has a market cap of $828.33 million, a PE ratio of 14.79 and a beta of 0.44. The business’s 50 day moving average is $220.59 and its two-hundred day moving average is $231.19.

Monarch Cement (OTCMKTS:MCEMGet Free Report) last posted its quarterly earnings results on Wednesday, November 12th. The construction company reported $6.44 EPS for the quarter. Monarch Cement had a return on equity of 11.63% and a net margin of 19.60%.The business had revenue of $73.05 million for the quarter.

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.

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