Monarch Cement (OTCMKTS:MCEM) Stock Price Crosses Above Fifty Day Moving Average – Should You Sell?

The Monarch Cement Co. (OTCMKTS:MCEM) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $220.28 and traded as high as $228.00. Monarch Cement shares last traded at $224.62, with a volume of 491 shares trading hands.

Monarch Cement Price Performance

The company has a market capitalization of $819.88 million, a PE ratio of 14.64 and a beta of 0.44. The company’s fifty day moving average is $220.34 and its 200-day moving average is $230.31.

Monarch Cement (OTCMKTS:MCEM) last announced its earnings results on Wednesday, November 12th. The construction company reported $6.44 earnings per share (EPS) for the quarter. The business had revenue of $73.05 million for the quarter. Monarch Cement had a return on equity of 11.63% and a net margin of 19.60%.

Monarch Cement Company Profile

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.