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 50-day moving average during trading on Monday . The stock has a 50-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.

Monarch Cement Trading Down 0.2 %

The stock has a market capitalization of $806.27 million, a PE ratio of 10.31 and a beta of 0.58. The firm’s 50-day simple moving average is $193.14 and its two-hundred day simple 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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