The Monarch Cement Co. (OTCMKTS:MCEM – Get Free Report) shot up 7.5% on Tuesday . The stock traded as high as $274.70 and last traded at $274.70. 2 shares were traded during trading, a decline of 100% from the average daily volume of 564 shares. The stock had previously closed at $255.50.
Monarch Cement Stock Up 3.7%
The firm has a market capitalization of $1.03 billion, a PE ratio of 13.59 and a beta of 0.40. The stock has a 50-day simple moving average of $272.05 and a 200-day simple moving average of $269.93.
Monarch Cement (OTCMKTS:MCEM – Get Free Report) last issued its quarterly earnings results on Monday, August 10th. The construction company reported $5.65 EPS for the quarter. The firm had revenue of $69.74 million for the quarter. Monarch Cement had a return on equity of 17.20% and a net margin of 28.98%.
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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