The Monarch Cement Co. (OTCMKTS:MCEM – Get Free Report)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $290.00 and last traded at $290.00, with a volume of 15 shares changing hands. The stock had previously closed at $287.49.
Monarch Cement Stock Up 0.8%
The company has a market cap of $1.08 billion, a price-to-earnings ratio of 14.82 and a beta of 0.35. The company’s fifty day moving average price is $262.74 and its two-hundred day moving average price is $245.49.
Monarch Cement (OTCMKTS:MCEM – Get Free Report) last released its quarterly earnings results on Friday, May 8th. The construction company reported $3.03 earnings per share for the quarter. The company had revenue of $49.37 million during the quarter. Monarch Cement had a net margin of 24.43% and a return on equity of 14.90%.
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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