Monarch Cement (OTCMKTS:MCEM) Announces Quarterly Earnings Results

Monarch Cement (OTCMKTS:MCEM) released its quarterly earnings data on Friday. The construction company reported $3.15 earnings per share for the quarter, Zacks reports. Monarch Cement had a return on equity of 21.86% and a net margin of 28.76%. The business had revenue of $65.57 million during the quarter.

Monarch Cement Stock Performance

OTCMKTS MCEM opened at $223.23 on Friday. Monarch Cement has a fifty-two week low of $170.00 and a fifty-two week high of $305.00. The stock has a 50 day simple moving average of $225.78 and a two-hundred day simple moving average of $209.85. The stock has a market cap of $817.47 million, a P/E ratio of 10.53 and a beta of 0.60.

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.