Monarch Cement (OTCMKTS:MCEM) Sees Large Volume Increase – Should You Buy?

Shares of The Monarch Cement Co. (OTCMKTS:MCEM) saw an uptick in trading volume on Monday . 731 shares changed hands during mid-day trading, a decline of 5% from the previous session’s volume of 771 shares.The stock last traded at $260.50 and had previously closed at $264.90.

Monarch Cement Price Performance

The firm has a market cap of $946.47 million, a P/E ratio of 14.99 and a beta of 0.44. The firm’s 50 day moving average is $248.93 and its 200 day moving average is $233.83.

Monarch Cement (OTCMKTS:MCEM) last announced its earnings results on Friday, March 13th. The construction company reported $5.10 earnings per share for the quarter. Monarch Cement had a net margin of 22.00% and a return on equity of 13.11%. The business had revenue of $68.67 million during the quarter.

Monarch Cement Company Profile

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.