GCC (OTCMKTS:GCWOF) Shares Up 0.7% – Here’s What Happened

Shares of GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) shot up 0.7% on Monday . The company traded as high as $11.48 and last traded at $11.4626. Approximately 25,000 shares traded hands during mid-day trading, an increase of 189% from the average daily volume of 8,663 shares. The stock had previously closed at $11.3853.

Analyst Upgrades and Downgrades

Separately, Santander raised shares of GCC to an “outperform” rating in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, GCC presently has an average rating of “Buy”.

GCC Price Performance

The business’s 50 day moving average is $11.73 and its 200-day moving average is $11.14.

About GCC

Grupo Cementos de Chihuahua, SAB. de C.V., which trades on the U.S. OTC market as GCWOF, is an integrated producer of cement, ready‐mix concrete, aggregates and asphalt. Founded in 1954 and headquartered in Chihuahua, Mexico, the company has developed a network of cement plants, distribution terminals and quarries to supply a wide range of construction materials. Its product portfolio includes bulk and specialty cements, value‐added concrete solutions and aggregates tailored to residential, commercial and infrastructure projects.

GCC’s operations span multiple Mexican states—including Chihuahua, Durango, Baja California and Sonora—as well as distribution channels in select U.S.