Monarch Cement (OTCMKTS:MCEM) Stock Passes Above 200-Day Moving Average – Should You Sell?

The Monarch Cement Company (OTCMKTS:MCEM)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $203.79 and traded as high as $229.00. Monarch Cement shares last traded at $228.00, with a volume of 978 shares.

Monarch Cement Stock Performance

The stock has a fifty day simple moving average of $220.72 and a two-hundred day simple moving average of $203.79. The stock has a market cap of $834.48 million, a PE ratio of 10.76 and a beta of 0.61.

Monarch Cement Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 14th will be paid a $1.75 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $7.00 annualized dividend and a dividend yield of 3.07%. Monarch Cement’s dividend payout ratio (DPR) is presently 14.16%.

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.