Cementos Argos (OTCMKTS:CMTOY) Shares Gap Up – Should You Buy?

Cementos Argos S.A. Sponsored ADR (OTCMKTS:CMTOY – Get Free Report) shares gapped up prior to trading on Wednesday. The stock had previously closed at $15.13, but opened at $16.86. Cementos Argos shares last traded at $16.86, with a volume of 100 shares changing hands.

Cementos Argos Price Performance

The firm has a 50-day moving average of $17.48 and a two-hundred day moving average of $16.69.

Cementos Argos Company Profile

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

Founded in MedellĂ­n in 1934, Cementos Argos has grown from a regional cement producer into an international company serving markets across Colombia, the United States, the Caribbean and Central America. Its operations include cement plants, terminals, concrete facilities and distribution networks that supply contractors, builders and other customers.

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

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