Monarch Cement (OTCMKTS:MCEM) Hits New 12-Month High – What’s Next?

The Monarch Cement Co. (OTCMKTS:MCEMGet Free Report)’s share price hit a new 52-week high on Tuesday . The company traded as high as $260.00 and last traded at $260.00, with a volume of 1451 shares trading hands. The stock had previously closed at $248.00.

Monarch Cement Price Performance

The company has a market capitalization of $945.05 million, a price-to-earnings ratio of 16.87 and a beta of 0.46. The firm’s fifty day moving average price is $236.68 and its 200-day moving average price is $230.50.

About Monarch Cement

(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. The company sells its products principally in the State of Kansas, the State of Iowa, southeast Nebraska, western Missouri, northwest Arkansas, and northern Oklahoma.

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