Cementos Argos (OTCMKTS:CMTOY) Sees Large Volume Increase – Here’s What Happened

Cementos Argos S.A. Sponsored ADR (OTCMKTS:CMTOY – Get Free Report) shares saw strong trading volume on Tuesday. 31,600 shares traded hands during 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 stock has a 50 day moving average price of $18.12 and a 200 day moving average price of $16.50.

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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