Monarch Cement (OTCMKTS:MCEM) Stock Price Up 7.5% – What’s Next?

The Monarch Cement Co. (OTCMKTS:MCEM)’s share price was up 7.5% during mid-day trading on Tuesday . The stock traded as high as $274.70 and last traded at $274.70. 2 shares changed hands during trading, a decline of 100% from the average session volume of 564 shares. The stock had previously closed at $255.50.

Monarch Cement Stock Performance

The stock has a 50 day moving average price of $272.05 and a 200 day moving average price of $269.93. The company has a market capitalization of $1.03 billion, a P/E ratio of 13.59 and a beta of 0.40.

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

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.