The Monarch Cement Co. (OTCMKTS:MCEM – Get Free Report) was the recipient of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 28 shares, a decrease of 64.1% from the September 30th total of 78 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 834 shares, the days-to-cover ratio is presently 0.0 days.
Monarch Cement Trading Down 0.4%
Monarch Cement stock traded down $1.17 on Friday, hitting $265.00. 1,279 shares of the stock traded hands, compared to its average volume of 510. The firm has a market cap of $983.15 million, a P/E ratio of 13.11 and a beta of 0.38. The business’s fifty day simple moving average is $264.92 and its 200 day simple moving average is $265.65. Monarch Cement has a 1 year low of $208.06 and a 1 year high of $299.75.
Monarch Cement (OTCMKTS:MCEM – Get Free Report) last announced its earnings results on Monday, August 10th. The construction company reported $5.65 EPS for the quarter. Monarch Cement had a net margin of 28.98% and a return on equity of 17.20%. The firm had revenue of $69.74 million for the quarter.
Monarch Cement Company Profile
The Monarch Cement Company (OTCMKTS:MCEM) manufactures and sells cement products for construction and infrastructure applications. Its product portfolio includes Portland cement, masonry cement and other specialty cement products used in concrete, commercial construction, residential development, roads, bridges and industrial projects.
Founded in 1908, the company is headquartered in Humboldt, Kansas. Monarch Cement serves customers primarily across the central United States, including markets in Kansas, Missouri, Nebraska, Oklahoma and surrounding states.
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