Monarch Cement (OTCMKTS:MCEM) Shares Gap Up – What’s Next?

The Monarch Cement Co. (OTCMKTS:MCEMGet Free Report)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $265.00, but opened at $283.45. Monarch Cement shares last traded at $283.45, with a volume of 3 shares.

Monarch Cement Stock Performance

The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 13.40 and a beta of 0.40. The stock’s fifty day simple moving average is $271.34 and its two-hundred day simple moving average is $270.12.

Monarch Cement (OTCMKTS:MCEMGet Free Report) last announced its quarterly earnings data on Monday, August 10th. The construction company reported $5.65 earnings per share (EPS) for the quarter. The company had revenue of $69.74 million for the quarter. Monarch Cement had a net margin of 28.98% and a return on equity of 17.20%.

Monarch Cement Company Profile

(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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