Cementos Argos S.A. Sponsored ADR (OTCMKTS:CMTOY – Get Free Report)’s share price gapped down prior to trading on Tuesday. The stock had previously closed at $18.25, but opened at $17.06. Cementos Argos shares last traded at $15.13, with a volume of 2,001 shares trading hands.
Cementos Argos Trading Down 15.2%
The company’s 50-day simple moving average is $18.14 and its 200-day simple moving average is $16.58.
Cementos Argos Company Profile
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 Medellín 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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