Cementos Argos (OTCMKTS:CMTOY) Sees Large Volume Increase – Still a Buy?

Cementos Argos S.A. Sponsored ADR (OTCMKTS:CMTOY – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 4,377 shares changed hands during mid-day trading, an increase of 145% from the previous session’s volume of 1,790 shares.The stock last traded at $17.35 and had previously closed at $18.00.

Cementos Argos Stock Performance

The company has a 50-day simple moving average of $17.21 and a 200-day simple moving average of $16.29.

Cementos Argos Company Profile

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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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