Cementos Argos (OTCMKTS:CMTOY) Sees Strong Trading Volume – Here’s Why

Shares of Cementos Argos S.A. Sponsored ADR (OTCMKTS:CMTOY – Get Free Report) saw an uptick in trading volume on Tuesday. 31,600 shares were traded during mid-day trading, an increase of 448% from the previous session’s volume of 5,764 shares. The stock last traded at $18.25 and had previously closed at $17.75.

Cementos Argos Stock Performance

The business has a fifty day simple moving average of $18.13 and a 200 day simple moving average of $16.53.

About Cementos Argos

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Cementos Argos SA is a Colombia-based building materials company that produces and distributes cement, ready-mix concrete and aggregates. Its products are used in residential, commercial and infrastructure construction, and the company also provides related logistics and construction-materials services.

Founded in 1934 and headquartered in Medellín, Colombia, Cementos Argos has developed operations across the Americas. Its business has historically included Colombia, the United States and several Caribbean and Central American markets, serving contractors, distributors, developers and large infrastructure projects.

Cementos Argos is part of Grupo Argos, a Colombian infrastructure-focused business group.

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