The Monarch Cement Company (OTCMKTS:MCEM – Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $203.79 and traded as high as $229.00. Monarch Cement shares last traded at $228.00, with a volume of 978 shares trading hands.
Monarch Cement Stock Performance
The firm has a fifty day simple moving average of $220.72 and a 200-day simple moving average of $203.79. The company has a market capitalization of $834.48 million, a PE ratio of 10.76 and a beta of 0.61.
Monarch Cement Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 14th will be issued a $1.75 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $7.00 annualized dividend and a yield of 3.07%. Monarch Cement’s dividend payout ratio is presently 14.16%.
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.
Read More
- Five stocks we like better than Monarch Cement
- The Risks of Owning Bonds
- NVIDIA’s Hidden AI Play: The Truth Behind Its WeRide Investment
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Up 50% in January, Twilio’s Pullback Is the Time to Buy
- How to Invest in the FAANG Stocks
- Watch These 3 Stocks—High Short Interest and Big Upside Potential
Receive News & Ratings for Monarch Cement Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monarch Cement and related companies with MarketBeat.com's FREE daily email newsletter.
