Monarch Cement (OTCMKTS:MCEM) Shares Cross Above Fifty Day Moving Average – Here’s Why

The Monarch Cement Company (OTCMKTS:MCEMGet Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $193.14 and traded as high as $220.00. Monarch Cement shares last traded at $218.50, with a volume of 734 shares trading hands.

Monarch Cement Stock Down 0.2 %

The firm has a market cap of $806.27 million, a price-to-earnings ratio of 10.31 and a beta of 0.58. The stock’s 50 day moving average is $193.14 and its 200 day moving average is $191.50.

Monarch Cement Company Profile

(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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