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

Shares of The Monarch Cement Company (OTCMKTS:MCEM) 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 Trading Down 1.4 %

The company’s fifty day simple moving average is $189.18 and its 200 day simple moving average is $187.63. The firm has a market capitalization of $689.11 million, a P/E ratio of 8.37 and a beta of 0.58.

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

Monarch Cement Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Monday, August 26th were given a dividend of $0.75 per share. The ex-dividend date was Monday, August 26th. This represents a $3.00 dividend on an annualized basis and a yield of 1.61%. Monarch Cement’s dividend payout ratio (DPR) is currently 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.