Monarch Cement (OTCMKTS:MCEM) Hits New 12-Month High – Time to Buy?

The Monarch Cement Co. (OTCMKTS:MCEMGet Free Report)’s share price hit a new 52-week high on Monday . The stock traded as high as $270.60 and last traded at $270.60, with a volume of 210 shares. The stock had previously closed at $262.99.

Monarch Cement Trading Up 0.4%

The firm has a market capitalization of $966.77 million, a P/E ratio of 17.25 and a beta of 0.46. The company has a 50-day moving average of $239.22 and a 200-day moving average of $231.23.

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. 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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