Monarch Cement (OTCMKTS:MCEM) Releases Quarterly Earnings Results

Monarch Cement (OTCMKTS:MCEM) posted its quarterly earnings data on Thursday. The construction company reported $6.01 earnings per share (EPS) for the quarter, Zacks reports. Monarch Cement had a return on equity of 17.20% and a net margin of 28.98%.

Monarch Cement Trading Up 1.9%

Monarch Cement stock traded up $5.00 during midday trading on Thursday, reaching $275.00. 523 shares of the stock traded hands, compared to its average volume of 549. The firm has a market cap of $1.02 billion, a PE ratio of 13.60 and a beta of 0.37. The company has a 50-day simple moving average of $266.12 and a two-hundred day simple moving average of $266.81. Monarch Cement has a 12-month low of $208.06 and a 12-month high of $299.75.

Monarch Cement Company Profile

Monarch Cement Company manufactures and sells cement products for construction and infrastructure projects. Its offerings include portland and masonry cement used in applications such as buildings, roads and other concrete construction. Founded in 1908, the company is based in Humboldt, Kansas, where it operates a cement plant. Its market is centered in Kansas and extends into nearby states, including parts of Missouri, Nebraska and Oklahoma. Monarch also participates in the ready-mixed concrete business, serving construction customers in its regional markets.