Monarch Cement (OTCMKTS:MCEM - Get Free Report) announced its earnings results on Friday. The construction company reported $3.15 earnings per share (EPS) for the quarter, Zacks reports. Monarch Cement had a net margin of 28.76% and a return on equity of 21.86%. The company had revenue of $65.57 million during the quarter.
Monarch Cement Stock Up 0.7 %
Monarch Cement stock traded up $1.50 during mid-day trading on Tuesday, reaching $224.00. 754 shares of the company's stock traded hands, compared to its average volume of 2,134. Monarch Cement has a 12-month low of $170.00 and a 12-month high of $305.00. The company has a market cap of $820.29 million, a price-to-earnings ratio of 10.57 and a beta of 0.60. The stock has a 50 day moving average of $225.96 and a two-hundred day moving average of $210.59.
About Monarch Cement
(
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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.
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