Monarch Cement (OTCMKTS:MCEM) Stock Price Up 3.6% – Still a Buy?

The Monarch Cement Co. (OTCMKTS:MCEM)’s stock price was up 3.6% on Friday . The company traded as high as $235.00 and last traded at $232.01. Approximately 699 shares were traded during trading, a decline of 56% from the average daily volume of 1,584 shares. The stock had previously closed at $224.01.

Monarch Cement Stock Up 3.6%

The stock’s fifty day moving average price is $220.32 and its 200-day moving average price is $230.26. The company has a market capitalization of $849.16 million, a price-to-earnings ratio of 15.16 and a beta of 0.44.

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