Monarch Cement (OTCMKTS:MCEM) Sees Unusually-High Trading Volume – Should You Buy?

The Monarch Cement Co. (OTCMKTS:MCEM – Get Free Report) saw strong trading volume on Thursday. Approximately 740 shares were traded during mid-day trading, an increase of 38% from the average daily volume of 535 shares. The stock last traded at $266.00 and had previously closed at $270.00.

Monarch Cement Price Performance

The firm has a market cap of $990.84 million, a price-to-earnings ratio of 13.20 and a beta of 0.38. The stock’s fifty day moving average price is $265.02 and its 200-day moving average price is $265.46.

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

About Monarch Cement

(Get Free Report)

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.

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