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

The Monarch Cement Co. (OTCMKTS:MCEM) saw a significant decline in short interest in May. As of May 29th, there was short interest totaling 16 shares, a decline of 89.0% from the May 14th total of 145 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 394 shares, the short-interest ratio is presently 0.0 days.

Monarch Cement Stock Performance

OTCMKTS:MCEM traded up $0.45 during trading hours on Tuesday, reaching $290.45. The company’s stock had a trading volume of 65 shares, compared to its average volume of 183. The stock has a 50 day moving average price of $269.72 and a two-hundred day moving average price of $251.06. Monarch Cement has a 12 month low of $207.00 and a 12 month high of $296.00. The company has a market capitalization of $1.09 billion, a P/E ratio of 14.85 and a beta of 0.40.

Monarch Cement (OTCMKTS:MCEM) last released its quarterly earnings results on Friday, May 8th. The construction company reported $3.03 earnings per share (EPS) for the quarter. Monarch Cement had a net margin of 24.43% and a return on equity of 14.75%. The business had revenue of $49.37 million for the quarter.

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.