The Monarch Cement Co. (OTCMKTS:MCEM) Short Interest Update
by Amy Steele · The Cerbat GemThe Monarch Cement Co. (OTCMKTS:MCEM – Get Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 145 shares, an increase of 353.1% from the April 30th total of 32 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 2,963 shares, the short-interest ratio is presently 0.0 days.
Monarch Cement Trading Up 4.0%
Shares of OTCMKTS:MCEM traded up $11.50 during mid-day trading on Friday, reaching $296.00. The stock had a trading volume of 214 shares, compared to its average volume of 893. The company has a market cap of $1.11 billion, a P/E ratio of 15.13 and a beta of 0.35. Monarch Cement has a 1 year low of $207.00 and a 1 year high of $296.00. The business’s 50 day moving average price is $264.96 and its 200 day moving average price is $247.31.
Monarch Cement (OTCMKTS:MCEM – Get Free Report) last posted its earnings results on Friday, May 8th. The construction company reported $3.03 EPS for the quarter. The company had revenue of $49.37 million for the quarter. Monarch Cement had a return on equity of 14.90% and a net margin of 24.43%.
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.