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

The Monarch Cement Company (OTCMKTS:MCEM) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 100 shares, a decline of 66.7% from the February 28th total of 300 shares. Based on an average trading volume of 2,200 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Monarch Cement Price Performance

Shares of Monarch Cement stock opened at $222.58 on Thursday. The company’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 P/E ratio of 10.50 and a beta of 0.60. Monarch Cement has a fifty-two week low of $180.00 and a fifty-two week high of $305.00.

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

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.