Monarch Cement (OTCMKTS:MCEM) Stock Breaks Below Two Hundred Day Moving Average – What’s Next?

The Monarch Cement Co. (OTCMKTS:MCEM)’s share price crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $265.65 and traded as low as $264.00. Monarch Cement shares last traded at $265.00, with a volume of 1,279 shares traded.

Monarch Cement Stock Down 0.4%

The firm has a market cap of $983.15 million, a PE ratio of 13.11 and a beta of 0.38. The stock has a 50 day moving average price of $264.92 and a two-hundred day moving average price of $265.65.

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

Monarch Cement Company Profile

The Monarch Cement Company (OTCMKTS:MCEM) manufactures and sells cement products for construction and infrastructure applications. Its product portfolio includes Portland cement, masonry cement and other specialty cement products used in concrete, commercial construction, residential development, roads, bridges and industrial projects.

Founded in 1908, the company is headquartered in Humboldt, Kansas. Monarch Cement serves customers primarily across the central United States, including markets in Kansas, Missouri, Nebraska, Oklahoma and surrounding states.