GCC (OTCMKTS:GCWOF) Stock Jumps 0.5% – What’s Next?

GCC, S.A.B. de C.V. (OTCMKTS:GCWOF)’s share price shot up 0.5% during mid-day trading on Tuesday. The company traded as high as $10.60 and last traded at $10.60. Approximately 100 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 8,244 shares. The stock had previously closed at $10.55.

Analyst Upgrades and Downgrades

Separately, Santander upgraded shares of GCC to an “outperform” rating in a research note on Thursday, June 11th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.

GCC Price Performance

The firm has a 50-day simple moving average of $11.29 and a 200 day simple moving average of $11.32.

About GCC

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.