Cementos Argos (OTCMKTS:CMTOY) Shares Gap Up – Still a Buy?

Cementos Argos S.A. Sponsored ADR (OTCMKTS:CMTOYGet Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $17.20, but opened at $18.00. Cementos Argos shares last traded at $18.00, with a volume of 175 shares.

Cementos Argos Trading Up 1.4%

The firm has a fifty day simple moving average of $18.30 and a 200 day simple moving average of $16.30.

About Cementos Argos

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Cementos Argos SA is a Colombia-based building materials company that produces and markets cement, ready-mix concrete, aggregates and related construction products. Its materials are used in residential, commercial and infrastructure projects, including roads, bridges, buildings and other large-scale developments.

Founded in 1934, Cementos Argos developed from a Colombian cement producer into an international construction materials business. The company has historically served customers in Colombia, the United States, the Caribbean and other parts of the Americas through cement plants, terminals, ready-mix operations, aggregate facilities and distribution networks.

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

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