The Monarch Cement Company (OTCMKTS:MCEM - Get Free Report) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 300 shares, an increase of 200.0% from the March 31st total of 100 shares. Based on an average daily volume of 9,300 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company's stock are short sold.
Monarch Cement Trading Down 0.6 %
OTCMKTS MCEM traded down $1.45 during trading on Thursday, reaching $242.95. 1,615 shares of the company's stock were exchanged, compared to its average volume of 2,299. The company's fifty day simple moving average is $227.31 and its 200-day simple moving average is $219.23. Monarch Cement has a fifty-two week low of $181.00 and a fifty-two week high of $305.00. The firm has a market capitalization of $889.68 million, a PE ratio of 11.47 and a beta of 0.53.
Monarch Cement (OTCMKTS:MCEM - Get Free Report) last posted its quarterly earnings results on Friday, March 14th. The construction company reported $3.15 EPS for the quarter. The business had revenue of $65.57 million during the quarter. Monarch Cement had a net margin of 28.76% and a return on equity of 21.86%.
About Monarch Cement
(
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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.
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