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

The Monarch Cement Co. (OTCMKTS:MCEM) shares saw unusually-strong trading volume on Friday. 1,266 shares changed hands during trading, an increase of 136% from the previous session’s volume of 537 shares. The stock last traded at $258.00 and had previously closed at $266.00.

Monarch Cement Trading Down 2.3%

The stock has a market capitalization of $964.60 million, a PE ratio of 12.86 and a beta of 0.38. The business’s 50-day moving average is $266.74 and its two-hundred day moving average is $271.03.

Monarch Cement (OTCMKTS:MCEM) last issued its quarterly earnings data on Monday, August 10th. The construction company reported $5.65 earnings per share (EPS) for the quarter. Monarch Cement had a net margin of 28.98% and a return on equity of 17.20%. The firm had revenue of $69.74 million during the quarter.

About Monarch Cement

The Monarch Cement Company manufactures and sells cement products for construction and related industrial applications. Its product portfolio includes Portland cement and other cement products used in concrete, masonry, infrastructure, commercial, and residential projects.

Founded in 1908, the company is headquartered in Humboldt, Kansas. Monarch Cement operates manufacturing facilities in Kansas and Oklahoma and distributes its products through a network serving customers primarily across the central United States.

The company supplies cement to ready-mix producers, concrete-product manufacturers, contractors, building-material dealers, and other construction-related customers.