Monarch Cement (OTCMKTS:MCEM) Stock Crosses Below 50-Day Moving Average of $189.18

The Monarch Cement Company (OTCMKTS:MCEM)’s stock price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $189.18 and traded as low as $182.01. Monarch Cement shares last traded at $186.75, with a volume of 420 shares.

Monarch Cement Price Performance

The company has a 50-day moving average of $189.18 and a two-hundred day moving average of $187.63. The company has a market capitalization of $689.11 million, a PE ratio of 8.37 and a beta of 0.58.

Monarch Cement (OTCMKTS:MCEM) last issued its quarterly earnings results on Friday, August 9th. The construction company reported $3.14 earnings per share for the quarter. The business had revenue of $72.36 million for the quarter. Monarch Cement had a net margin of 25.25% and a return on equity of 19.54%.

Monarch Cement Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Monday, August 26th were paid a $0.75 dividend. The ex-dividend date of this dividend was Monday, August 26th. This represents a $3.00 dividend on an annualized basis and a yield of 1.61%. Monarch Cement’s payout ratio is presently 13.45%.

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.