Cementos Argos (OTC:CMTOY) Stock Price Down 18.3% – Here’s Why

Cementos Argos S.A. Sponsored ADR (OTC:CMTOYGet Free Report)’s share price fell 18.3% during trading on Wednesday . The company traded as low as $15.40 and last traded at $15.40. 7,540 shares changed hands during mid-day trading, an increase of 126% from the average session volume of 3,340 shares. The stock had previously closed at $18.85.

Cementos Argos Stock Performance

The business has a 50-day moving average price of $16.93 and a 200-day moving average price of $14.43.

About Cementos Argos

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Cementos Argos SA offers cement, concrete, aggregates, ready-mix concrete, and hydrated lime products in Colombia, the Caribbean, Central America, and the United States. The company also engages in the reinsurance; property management; transport; and seaports operation businesses. In addition, it exports its products. The company was founded in 1934 and is headquartered in Barranquilla, Colombia. Cementos Argos SA is a subsidiary of Grupo Argos SA

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