Monarch Cement (OTCMKTS:MCEM) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Shares of The Monarch Cement Co. (OTCMKTS:MCEMGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $232.24 and traded as low as $213.75. Monarch Cement shares last traded at $219.50, with a volume of 3,736 shares trading hands.

Monarch Cement Stock Performance

The company’s fifty day moving average is $221.57 and its two-hundred day moving average is $232.24. The firm has a market cap of $803.37 million, a price-to-earnings ratio of 14.35 and a beta of 0.44.

Monarch Cement (OTCMKTS:MCEMGet Free Report) last released its quarterly earnings data on Wednesday, November 12th. The construction company reported $6.44 EPS for the quarter. The company had revenue of $73.05 million for the quarter. Monarch Cement had a return on equity of 11.63% and a net margin of 19.60%.

About Monarch Cement

(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.

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