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

The Monarch Cement Company (OTCMKTS:MCEM - Get Free Report) was the recipient of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 100 shares, a drop of 66.7% from the February 28th total of 300 shares. Based on an average daily trading volume, of 2,200 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company's shares are short sold.

Monarch Cement Price Performance

MCEM stock traded down $2.00 on Monday, hitting $220.00. 904 shares of the company were exchanged, compared to its average volume of 2,088. Monarch Cement has a twelve month low of $180.00 and a twelve month high of $305.00. The business's fifty day moving average is $226.54 and its two-hundred day moving average is $212.81. The stock has a market capitalization of $805.64 million, a price-to-earnings ratio of 10.38 and a beta of 0.60.

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

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.