Monarch Cement (OTCMKTS:MCEM) Releases Quarterly Earnings Results

Monarch Cement (OTCMKTS:MCEM) posted its quarterly earnings data on Friday. The construction company reported $3.15 earnings per share for the quarter, Zacks reports. Monarch Cement had a return on equity of 21.86% and a net margin of 28.76%.

Monarch Cement Stock Performance

Shares of MCEM traded down $1.00 during mid-day trading on Friday, hitting $226.00. The company’s stock had a trading volume of 1,956 shares, compared to its average volume of 2,126. Monarch Cement has a one year low of $170.00 and a one year high of $305.00. The firm has a market capitalization of $827.61 million, a PE ratio of 10.67 and a beta of 0.60. The stock’s 50-day moving average is $225.69 and its two-hundred day moving average is $209.38.

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.