Monarch Cement (OTCMKTS:MCEM) Sees Strong Trading Volume – Time to Buy?

The Monarch Cement Co. (OTCMKTS:MCEMGet Free Report) shares saw strong trading volume on Friday . Approximately 1,197 shares changed hands during trading, an increase of 112% from the previous session’s volume of 565 shares.The stock last traded at $266.00 and had previously closed at $266.00.

Monarch Cement Price Performance

The company has a market capitalization of $982.73 million, a P/E ratio of 13.43 and a beta of 0.42. The company has a fifty day moving average price of $281.26 and a two-hundred day moving average price of $266.18.

Monarch Cement (OTCMKTS:MCEMGet 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 net margin of 24.43% and a return on equity of 14.75%. The business had revenue of $49.37 million during the quarter.

Monarch Cement Company Profile

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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.

Further Reading

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