Orbia Advance (OTCMKTS:MXCHY) Announces Quarterly Earnings Results

Key Points

• Orbia Advance reported an EPS of $999.00 for the quarter, beating the $0.01 consensus by $998.99, though the company still posted a negative return on equity (‑9.53%) and a negative net margin (‑4.81%).
• The stock fell 2.4% to $2.29 on Tuesday on thin volume (1,000 shares vs. an average of 10,905), trading near its 50‑day moving average of $2.29 and inside its one‑year range of $1.00–$2.49.
• Analyst sentiment is constructive: Itau BBA upgraded Orbia to an "outperform" and the consensus rating from three analysts is currently "Buy."

Orbia Advance (OTCMKTS:MXCHY - Get Free Report) released its quarterly earnings data on Tuesday. The basic materials company reported $999.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $998.99, Zacks reports. Orbia Advance had a negative return on equity of 9.53% and a negative net margin of 4.81%.

Orbia Advance Trading Down 2.4%

OTCMKTS MXCHY traded down $0.06 on Tuesday, reaching $2.29. The stock had a trading volume of 1,000 shares, compared to its average volume of 10,905. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.10 and a current ratio of 1.56. The firm has a fifty day moving average of $2.29 and a two-hundred day moving average of $2.02. Orbia Advance has a 1-year low of $1.00 and a 1-year high of $2.49.

Wall Street Analyst Weigh In

Separately, Itau BBA Securities upgraded Orbia Advance to an "outperform" rating in a research note on Wednesday, January 28th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Orbia Advance has a consensus rating of "Buy".

Orbia Advance Company Profile

Orbia Advance Corporation, formerly Mexichem, is a leading global provider of specialty materials and innovative solutions headquartered in Mexico City. Founded in 1953 as the first vinyl chloride producer in Mexico, the company rebranded to Orbia Advance in 2019 to reflect its broadened portfolio spanning advanced chemicals, polymers and infrastructure technologies.

Orbia's operations are organized into four core segments: Fluorinated Solutions, which offers refrigerants, fluoropolymers and specialty chemicals; Polymer Solutions, producing polyethylene, PVC and compound resins; Building & Infrastructure, supplying piping systems, cables and water management products; and Precision Agriculture, delivering drip-irrigation systems and soil-conditioning services.

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