The Monarch Cement Co. (OTCMKTS:MCEM – Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $260.00 and last traded at $260.00, with a volume of 1451 shares traded. The stock had previously closed at $248.00.
Monarch Cement Stock Up 4.4%
The business has a 50-day simple moving average of $238.48 and a two-hundred day simple moving average of $230.98. The stock has a market capitalization of $951.60 million, a P/E ratio of 16.99 and a beta of 0.46.
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. The company sells its products principally in the State of Kansas, the State of Iowa, southeast Nebraska, western Missouri, northwest Arkansas, and northern Oklahoma.
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