The Monarch Cement Co. (OTCMKTS:MCEM – Get Free Report) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 219 shares, an increase of 180.8% from the July 30th total of 78 shares. Based on an average trading volume of 1,330 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold.
Monarch Cement Price Performance
Shares of OTCMKTS MCEM opened at $265.00 on Friday. The stock has a market capitalization of $991.10 million, a P/E ratio of 13.11 and a beta of 0.42. Monarch Cement has a 1-year low of $207.00 and a 1-year high of $299.75. The business’s 50 day moving average is $274.59 and its two-hundred day moving average is $269.09.
Monarch Cement (OTCMKTS:MCEM – Get Free Report) last posted its quarterly earnings data on Monday, August 10th. The construction company reported $5.65 EPS for the quarter. The firm had revenue of $69.74 million during the quarter. Monarch Cement had a return on equity of 17.20% and a net margin of 28.98%.
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.
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