Cementos Argos (OTCMKTS:CMTOY) Shares Down 8.5% – Time to Sell?

Shares of Cementos Argos S.A. (OTCMKTS:CMTOYGet Free Report) fell 8.5% on Tuesday . The company traded as low as $11.62 and last traded at $11.62. 900 shares changed hands during trading, a decline of 59% from the average session volume of 2,220 shares. The stock had previously closed at $12.70.

Cementos Argos Stock Performance

The stock’s 50-day simple moving average is $11.51 and its two-hundred day simple moving average is $10.39.

Cementos Argos Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, January 21st. Investors of record on Monday, December 30th will be issued a dividend of $0.1793 per share. This is an increase from Cementos Argos’s previous dividend of $0.09. The ex-dividend date of this dividend is Monday, December 30th.

About Cementos Argos

(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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