Cementos Argos (OTCMKTS:CMTOY) Stock Price Crosses Below 50-Day Moving Average – Here’s Why

Cementos Argos S.A. (OTCMKTS:CMTOYGet Free Report) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $10.01 and traded as low as $7.20. Cementos Argos shares last traded at $7.20, with a volume of 3,556 shares.

Cementos Argos Stock Performance

The firm’s 50-day moving average is $10.01 and its 200 day moving average is $10.24.

Cementos Argos Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, October 25th. Stockholders of record on Monday, October 7th will be issued a dividend of $0.0916 per share. This is an increase from Cementos Argos’s previous dividend of $0.09. The ex-dividend date is Monday, October 7th.

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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