Suncrete, Inc. Class A Common Stock
Market Cap
1.3B
Short interest (May 15)
0.3%
Net Short (Jun 03 ): 0.0%
Borrow Fee
4.22%
↓ 4.8%
Available Shares
300K
↓ 16.0%
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Company Overview
Suncrete Inc is a ready-mix concrete logistics and distribution platform operating across Oklahoma and Arkansas. Ready-mix concrete is a crucial building material that is used in the vast majority of infrastructure, commercial and residential construction projects. The company's ready-mix concrete business engages principally in the precise formulation, efficient production and on-time delivery of ready-mix concrete to the customers' job sites. It serves substantially all end markets of the construction industry in the select geographic markets. The company earns revenue prominently from the production and delivery of ready-mix concrete, with the majority revenue generated from orders under master purchase agreements or through direct sales to third-party contractors and suppliers.
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