Monarch Cement (OTCMKTS:MCEM) Posts Earnings Results

Monarch Cement (OTCMKTS:MCEM) announced its quarterly earnings results on Friday. The construction company reported $5.10 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $68.67 million during the quarter. Monarch Cement had a net margin of 19.60% and a return on equity of 11.63%.

Monarch Cement Stock Performance

Monarch Cement stock traded down $0.31 during trading hours on Friday, hitting $264.59. 1,373 shares of the stock were exchanged, compared to its average volume of 621. The stock has a market capitalization of $968.40 million, a P/E ratio of 17.29 and a beta of 0.44. The business’s 50-day moving average is $248.93 and its two-hundred day moving average is $233.90. Monarch Cement has a 12 month low of $206.00 and a 12 month high of $270.60.

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.