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Monarch Cement (OTCMKTS:MCEM) Share Price Crosses Above 50 Day Moving Average - What's Next?

Monarch Cement logo with Construction background

The Monarch Cement Company (OTCMKTS:MCEM - Get Free Report) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $212.27 and traded as high as $219.00. Monarch Cement shares last traded at $218.17, with a volume of 4,508 shares.

Monarch Cement Trading Up 0.2 %

The company has a market capitalization of $800.15 million, a P/E ratio of 10.31 and a beta of 0.61. The stock's fifty day moving average is $212.76 and its 200 day moving average is $198.28.

Monarch Cement Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 17th were paid a dividend of $1.75 per share. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $7.00 annualized dividend and a dividend yield of 3.20%. Monarch Cement's dividend payout ratio (DPR) is presently 14.16%.

Monarch Cement Company Profile

(Get Free Report)

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.

Further Reading

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