Monarch Cement (OTCMKTS:MCEM) Announces Earnings Results

by · The Markets Daily

Monarch Cement (OTCMKTS:MCEM – Get Free Report) issued its quarterly earnings data on Monday. The construction company reported $5.65 earnings per share for the quarter, Zacks reports. Monarch Cement had a net margin of 24.43% and a return on equity of 14.75%.

Monarch Cement Price Performance

OTCMKTS:MCEM traded up $2.95 during trading hours on Monday, reaching $267.95. 369 shares of the company were exchanged, compared to its average volume of 573. The company has a market capitalization of $1.00 billion, a P/E ratio of 13.70 and a beta of 0.42. Monarch Cement has a 1-year low of $207.00 and a 1-year high of $299.75. The business has a 50 day moving average of $280.64 and a 200 day moving average of $266.35.

Monarch Cement Company Profile

(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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