Monarch Cement (OTCMKTS:MCEM) Trading 3.6% Higher – Time to Buy?

Company Overview - Monarch Cement Company manufactures and sells portland cement in the United States, along with masonry cement, ready-mixed concrete, concrete products, and various building materials [3] - The company primarily serves contractors, ready-mixed concrete plants, concrete products plants, building materials dealers, and governmental agencies, focusing on regions including Kansas, Iowa, southeast Nebraska, western Missouri, northwest Arkansas, and northern Oklahoma [3] Financial Performance - For the most recent quarter, Monarch Cement reported earnings per share of $6.44, a return on equity of 11.63%, and a net margin of 19.60% [2] - The company's revenue for the quarter was $73.05 million [2] Stock Performance - Monarch Cement's stock has a market capitalization of $858.27 million, a P/E ratio of 15.33, and a beta of 0.44 [1] - The stock experienced a price increase of 3.6% on a recent trading day, with a last traded price of $232.01 after reaching a high of $235.00 [5] - The stock's fifty-day moving average is $220.45, and the two-hundred-day moving average is $230.13 [1]