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Cementos Argos (OTC:CMTOY) Stock Price Up 9% - Still a Buy?

Cementos Argos logo with Construction background

Cementos Argos S.A. Sponsored ADR (OTC:CMTOY - Get Free Report) shares rose 9% on Thursday . The company traded as high as $13.00 and last traded at $12.90. Approximately 7,832 shares traded hands during mid-day trading, an increase of 461% from the average daily volume of 1,395 shares. The stock had previously closed at $11.84.

Cementos Argos Stock Up 9.0%

The business has a 50 day moving average of $11.70 and a two-hundred day moving average of $11.31.

Cementos Argos Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, May 12th. Investors of record on Monday, May 5th were paid a $0.0907 dividend. This represents a yield of 5.26%. The ex-dividend date was Friday, May 2nd.

Cementos Argos Company Profile

(Get Free Report)

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.

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