Monarch Cement (OTCMKTS:MCEM) Sets New 12-Month High – What’s Next?

The Monarch Cement Company (OTCMKTS:MCEMGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $225.00 and last traded at $217.05, with a volume of 1636 shares trading hands. The stock had previously closed at $202.77.

Monarch Cement Stock Performance

The firm has a 50-day moving average price of $190.83 and a 200-day moving average price of $190.76. The stock has a market cap of $811.76 million, a PE ratio of 10.28 and a beta of 0.58.

About Monarch Cement

(Get Free Report)

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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