Monarch Cement (OTCMKTS:MCEM) Releases Earnings Results

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

Monarch Cement Price Performance

MCEM opened at $223.23 on Friday. The company has a market cap of $817.47 million, a price-to-earnings ratio of 10.53 and a beta of 0.60. The firm has a 50 day simple moving average of $225.78 and a 200 day simple moving average of $209.66. Monarch Cement has a fifty-two week low of $170.00 and a fifty-two week high of $305.00.

About Monarch Cement

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.