Monarch Cement (OTCMKTS:MCEM) Sees Strong Trading Volume – What’s Next?

The Monarch Cement Co. (OTCMKTS:MCEMGet Free Report) saw unusually-strong trading volume on Friday . Approximately 674 shares traded hands during trading, an increase of 17% from the previous session’s volume of 574 shares.The stock last traded at $265.00 and had previously closed at $271.01.

Monarch Cement Price Performance

The firm has a market cap of $1.01 billion, a PE ratio of 13.36 and a beta of 0.42. The company has a 50 day simple moving average of $279.42 and a 200-day simple moving average of $267.22.

Monarch Cement (OTCMKTS:MCEMGet Free Report) last posted its quarterly earnings results on Monday, August 10th. The construction company reported $5.65 EPS for the quarter. The firm had revenue of $69.74 million for the quarter. Monarch Cement had a net margin of 28.98% and a return on equity of 17.38%.

About Monarch Cement

(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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