Monarch Cement (OTCMKTS:MCEM) Sees Strong Trading Volume – Still a Buy?

The Monarch Cement Co. (OTCMKTS:MCEMGet Free Report) saw unusually-high trading volume on Monday . Approximately 703 shares changed hands during trading, an increase of 27% from the previous session’s volume of 554 shares.The stock last traded at $276.00 and had previously closed at $275.00.

Monarch Cement Stock Down 1.4%

The firm has a market capitalization of $1.01 billion, a PE ratio of 13.86 and a beta of 0.40. The company’s 50-day simple moving average is $284.10 and its 200 day simple moving average is $264.55.

Monarch Cement (OTCMKTS:MCEMGet Free Report) last announced its earnings results 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 company had revenue of $49.37 million for the quarter.

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.

Featured Articles

Receive News & Ratings for Monarch Cement Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monarch Cement and related companies with MarketBeat.com's FREE daily email newsletter.