Orbia Advance (OTCMKTS:MXCHY) Sees Large Volume Increase - Still a Buy?

Key Points

• Orbia Advance Corporation saw a significant increase in trading volume, with approximately 14,000 shares traded, marking a 94% rise from the previous session.
• The stock price increased by 1.8%, closing at $1.91 after previously being at $1.71.
• Orbia Advance specializes in precision agriculture, building and infrastructure, and offers a range of products and solutions, including irrigation systems and digital farming technologies.

Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY - ) shares saw unusually-strong trading volume on Monday . Approximately 14,000 shares traded hands during mid-day trading, an increase of 94% from the previous session's volume of 7,213 shares.The stock last traded at $1.91 and had previously closed at $1.71.

Orbia Advance Stock Up 1.8%

The business has a 50-day simple moving average of $1.48 and a two-hundred day simple moving average of $1.43. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.93 and a current ratio of 1.36.

About Orbia Advance

Orbia Advance Corporation, SAB. de C.V. provides products and solutions for precision agriculture, building and infrastructure, fluorinated, polymer, and connectivity sectors worldwide. The company offers irrigation systems, agricultural and greenhouse projects, digital farming technologies, and related services; and connectivity solutions, including conduits, cable-in conduit, and other HDPE products and solutions.

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