The Monarch Cement Company (OTCMKTS:MCEM – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $225.53 and traded as high as $230.00. Monarch Cement shares last traded at $227.00, with a volume of 850 shares traded.
Monarch Cement Price Performance
The firm has a market capitalization of $831.27 million, a P/E ratio of 10.71 and a beta of 0.60. The firm has a 50-day moving average price of $225.53 and a two-hundred day moving average price of $209.27.
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.
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