Monarch Cement (OTCMKTS:MCEM) Issues Quarterly Earnings Results

Monarch Cement (OTCMKTS:MCEM) announced its quarterly earnings results on Monday. The construction company reported $5.65 earnings per share (EPS) for the quarter, Zacks reports. Monarch Cement had a net margin of 24.43% and a return on equity of 14.75%.

Monarch Cement Trading Up 3.4%

Shares of MCEM stock opened at $274.00 on Tuesday. Monarch Cement has a 1-year low of $207.00 and a 1-year high of $299.75. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 14.01 and a beta of 0.42. The stock has a 50-day moving average of $280.34 and a 200-day moving average of $266.56.

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.