Monarch Cement (OTCMKTS:MCEM) Shares Up 7.5% – What’s Next?

The Monarch Cement Co. (OTCMKTS:MCEM)’s stock price rose 7.5% during trading on Tuesday . The company traded as high as $274.70 and last traded at $274.70. Approximately 2 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 564 shares. The stock had previously closed at $255.50.

Monarch Cement Price Performance

The firm’s 50 day moving average price is $271.34 and its two-hundred day moving average price is $270.12. The firm has a market cap of $990.30 million, a price-to-earnings ratio of 13.11 and a beta of 0.40.

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

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.