The Monarch Cement Co. (OTCMKTS:MCEM – Get Free Report) saw a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 190 shares, a drop of 36.2% from the February 12th total of 298 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,781 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 1,781 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.
Monarch Cement Trading Down 0.1%
OTCMKTS MCEM opened at $264.59 on Friday. Monarch Cement has a 12 month low of $206.00 and a 12 month high of $270.60. The stock has a market cap of $968.40 million, a PE ratio of 15.34 and a beta of 0.44. The stock’s 50 day moving average is $248.93 and its 200 day moving average is $233.85.
Monarch Cement (OTCMKTS:MCEM – Get Free Report) last announced its quarterly earnings data on Friday, March 13th. The construction company reported $5.10 earnings per share (EPS) for the quarter. The business had revenue of $68.67 million during the quarter. Monarch Cement had a net margin of 19.60% and a return on equity of 11.63%.
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. The company sells its products principally in the State of Kansas, the State of Iowa, southeast Nebraska, western Missouri, northwest Arkansas, and northern Oklahoma.
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