The Monarch Cement Co. (OTCMKTS:MCEM – Get Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $299.75 and last traded at $299.75, with a volume of 1018 shares trading hands. The stock had previously closed at $285.00.
Monarch Cement Stock Performance
The company has a 50-day moving average of $270.49 and a 200-day moving average of $251.54. The firm has a market capitalization of $1.12 billion, a price-to-earnings ratio of 15.32 and a beta of 0.40.
Monarch Cement (OTCMKTS:MCEM – Get Free Report) last issued its quarterly earnings data on Friday, May 8th. The construction company reported $3.03 earnings per share (EPS) for the quarter. Monarch Cement had a return on equity of 14.75% and a net margin of 24.43%.The business had revenue of $49.37 million during the quarter.
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.
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