GCC (OTCMKTS:GCWOF) Shares Up 0.7% – Here’s What Happened

Shares of GCC, S.A.B. de C.V. (OTCMKTS:GCWOF) shot up 0.7% during trading on Monday . The company traded as high as $11.48 and last traded at $11.4626. 25,000 shares traded hands during trading, an increase of 189% from the average session volume of 8,663 shares. The stock had previously closed at $11.3853.

Analyst Ratings Changes

Separately, Santander upgraded shares of GCC to an “outperform” rating in a report on Thursday, June 11th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy”.

GCC Stock Performance

The firm’s 50 day simple moving average is $11.74 and its 200-day simple moving average is $11.12.

GCC Company Profile

Grupo Cementos de Chihuahua, SAB. de C.V., which trades on the U.S. OTC market as GCWOF, is an integrated producer of cement, ready‐mix concrete, aggregates and asphalt. Founded in 1954 and headquartered in Chihuahua, Mexico, the company has developed a network of cement plants, distribution terminals and quarries to supply a wide range of construction materials. Its product portfolio includes bulk and specialty cements, value‐added concrete solutions and aggregates tailored to residential, commercial and infrastructure projects.

GCC’s operations span multiple Mexican states—including Chihuahua, Durango, Baja California and Sonora—as well as distribution channels in select U.S.