Cementos Argos (OTCMKTS:CMTOY) Shares Gap Down – Here's Why

Cementos Argos S.A. Sponsored ADR (OTCMKTS:CMTOY ) shares gapped down before the market opened on Tuesday . The stock had previously closed at $19.74, but opened at $17.20. Cementos Argos shares last traded at $17.20, with a volume of 5,618 shares. The stock has a fifty day moving average of $17.99 and a 200-day moving average of $16.31. 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