Monarch Cement (OTCMKTS:MCEM) Sees Unusually-High Trading Volume – Here’s Why

The Monarch Cement Co. (OTCMKTS:MCEM) saw an uptick in trading volume on Monday . 731 shares changed hands during trading, a decline of 5% from the previous session’s volume of 771 shares.The stock last traded at $260.50 and had previously closed at $264.90.

Monarch Cement Stock Down 2.3%

The firm has a market capitalization of $946.47 million, a PE ratio of 14.99 and a beta of 0.44. The firm’s fifty day simple moving average is $248.93 and its 200-day simple moving average is $233.83.

Monarch Cement (OTCMKTS:MCEM) last posted its quarterly earnings results on Friday, March 13th. The construction company reported $5.10 EPS for the quarter. The firm had revenue of $68.67 million for the quarter. Monarch Cement had a net margin of 22.00% and a return on equity of 13.11%.

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.