Monarch Cement (OTCMKTS:MCEM) Releases Earnings Results

Monarch Cement (OTCMKTS:MCEM) issued its quarterly earnings data on Thursday. The construction company reported $6.01 earnings per share (EPS) for the quarter, Zacks reports. Monarch Cement had a return on equity of 17.20% and a net margin of 28.98%.

Monarch Cement Stock Performance

OTCMKTS MCEM traded down $3.01 during trading hours on Thursday, reaching $270.00. The company’s stock had a trading volume of 19 shares, compared to its average volume of 547. Monarch Cement has a fifty-two week low of $208.06 and a fifty-two week high of $299.75. The stock has a market cap of $1.00 billion, a PE ratio of 13.35 and a beta of 0.37. The company’s 50-day moving average is $266.12 and its two-hundred day moving average is $266.81.

Monarch Cement Company Profile

Monarch Cement Company manufactures and sells cement products for construction and infrastructure projects. Its offerings include portland and masonry cement used in applications such as buildings, roads and other concrete construction. Founded in 1908, the company is based in Humboldt, Kansas, where it operates a cement plant. Its market is centered in Kansas and extends into nearby states, including parts of Missouri, Nebraska and Oklahoma. Monarch also participates in the ready-mixed concrete business, serving construction customers in its regional markets.