Monarch Cement (OTCMKTS:MCEM) Sees Strong Trading Volume – Here’s What Happened

The Monarch Cement Co. (OTCMKTS:MCEMGet Free Report) saw an uptick in trading volume on Friday . Approximately 471 shares traded hands during mid-day trading, a decline of 16% from the previous session’s volume of 558 shares.The stock last traded at $259.80 and had previously closed at $255.50.

Monarch Cement Price Performance

The business’s 50 day simple moving average is $272.71 and its 200 day simple moving average is $269.76. The company has a market capitalization of $941.95 million, a PE ratio of 12.47 and a beta of 0.40.

Monarch Cement (OTCMKTS:MCEMGet Free Report) last posted its quarterly earnings results on Monday, August 10th. The construction company reported $5.65 earnings per share for the quarter. The business had revenue of $69.74 million during the quarter. Monarch Cement had a net margin of 28.98% and a return on equity of 17.20%.

Monarch Cement Company Profile

(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.

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