The Monarch Cement Co. (OTCMKTS:MCEM) Short Interest Update

The Monarch Cement Co. (OTCMKTS:MCEM) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 32 shares, a drop of 57.9% from the April 15th total of 76 shares. Based on an average trading volume of 843 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Monarch Cement Stock Performance

Monarch Cement stock traded down $0.82 during mid-day trading on Friday, reaching $289.08. 114 shares of the company were exchanged, compared to its average volume of 724. Monarch Cement has a twelve month low of $207.00 and a twelve month high of $290.00. The firm’s 50-day simple moving average is $259.60 and its two-hundred day simple moving average is $242.44. The firm has a market cap of $1.08 billion, a PE ratio of 14.78 and a beta of 0.35.

Monarch Cement (OTCMKTS:MCEM) last posted its quarterly earnings results on Friday, May 8th. The construction company reported $3.03 EPS for the quarter. The business had revenue of $49.37 million during the quarter. Monarch Cement had a return on equity of 14.90% and a net margin of 24.43%.

About Monarch Cement

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.