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

The Monarch Cement Co. (OTCMKTS:MCEM)’s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $220.28 and traded as high as $228.00. Monarch Cement shares last traded at $224.62, with a volume of 491 shares trading hands.

Monarch Cement Stock Up 1.1%

The firm has a 50 day moving average of $220.28 and a 200 day moving average of $230.35. The firm has a market cap of $822.11 million, a PE ratio of 14.68 and a beta of 0.44.

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

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.