Cementos Argos (CMTOY) to Release Quarterly Earnings on Wednesday

Key Points

• Cementos Argos (CMTOY) will report quarterly results before the market opens on Wednesday, May 13, with analysts projecting earnings of $0.2072 per share and revenue of $339.349 million.
• Shares surged 22.2% to $15.00 on Wednesday on volume of 4,436 (vs. average volume 2,362); the stock's 1-year range is $9.96–$21.39 and its 50/200-day moving averages are $14.90 and $14.74, respectively.
• Cementos Argos supplies cement, concrete, aggregates and related products across Colombia, the Caribbean, Central America and the U.S., and is a subsidiary of Grupo Argos.

Cementos Argos (OTCMKTS:CMTOY - ) is projected to issue its results before the market opens on Wednesday, May 13th. Analysts expect the company to announce earnings of $0.2072 per share and revenue of $339.3490 million for the quarter.

Cementos Argos Trading Up 22.2%

Shares of Cementos Argos stock traded up $2.73 on Wednesday, reaching $15.00. 4,436 shares of the stock were exchanged, compared to its average volume of 2,362. Cementos Argos has a 1-year low of $9.96 and a 1-year high of $21.39. The business has a fifty day moving average price of $14.90 and a two-hundred day moving average price of $14.74.

About Cementos Argos

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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