Monarch Cement (OTCMKTS:MCEM) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

The Monarch Cement Co. (OTCMKTS:MCEM – Get Free Report) shares crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $265.65 and traded as low as $264.00. Monarch Cement shares last traded at $265.00, with a volume of 1,279 shares trading hands.

Monarch Cement Stock Down 0.4%

The company has a 50 day moving average price of $264.92 and a 200-day moving average price of $265.65. The company has a market cap of $983.15 million, a price-to-earnings ratio of 13.11 and a beta of 0.38.

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

Monarch Cement Company Profile

(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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