Monarch Cement (OTCMKTS:MCEM – Get Free Report) released its earnings results on Thursday. The construction company reported $6.01 earnings per share for the quarter, Zacks reports. Monarch Cement had a net margin of 28.98% and a return on equity of 17.20%. The firm had revenue of $73.60 million during the quarter.
Monarch Cement Price Performance
Shares of OTCMKTS MCEM remained flat at $274.00 during trading hours on Friday. The company had a trading volume of 1,164 shares, compared to its average volume of 644. The firm has a fifty day moving average of $266.40 and a 200-day moving average of $266.96. Monarch Cement has a fifty-two week low of $208.06 and a fifty-two week high of $299.75. The stock has a market cap of $1.02 billion, a PE ratio of 13.55 and a beta of 0.37.
About Monarch Cement
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.
Read More
- Five stocks we like better than Monarch Cement
- Is Buying the NVIDIA Dip a Mistake? 3 Value Stocks Offer a Different Path Forward
- Costco’s Record $30 Dividend Shows Just How Strong Its Cash Machine Is
- Heavy Lifting: Can USA Rare Earth Turn Its First Sales Into Big Profits?
- These 3 Stocks Have Bought Back Billions, But Which Offers the Best Value?
Receive News & Ratings for Monarch Cement Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monarch Cement and related companies with MarketBeat.com's FREE daily email newsletter.
