The Monarch Cement Company (OTCMKTS:MCEM) Short Interest Update

The Monarch Cement Company (OTCMKTS:MCEM) saw a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 100 shares, a decrease of 66.7% from the February 28th total of 300 shares. Based on an average daily volume of 2,200 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Monarch Cement Stock Down 0.6 %

OTCMKTS:MCEM opened at $222.58 on Thursday. Monarch Cement has a 12-month low of $180.00 and a 12-month high of $305.00. The stock’s 50 day moving average price is $226.47 and its two-hundred day moving average price is $212.07. The firm has a market capitalization of $815.08 million, a price-to-earnings ratio of 10.50 and a beta of 0.60.

Monarch Cement (OTCMKTS:MCEM) last posted its quarterly earnings results on Friday, March 14th. The construction company reported $3.15 earnings per share for the quarter. Monarch Cement had a return on equity of 21.86% and a net margin of 28.76%. The business had revenue of $65.57 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.