Orbia Advance (OTCMKTS:MXCHY) Sees Large Volume Increase - Should You Buy?

Key Points

• Orbia Advance's shares experienced a significant volume increase of 74%, trading approximately 9,600 shares compared to 5,526 shares in the previous session.
• The current stock price is $1.66, a slight decline from the previous closing price of $1.70.
• Orbia Advance operates across multiple sectors including precision agriculture, building infrastructure, and connectivity solutions.

Shares of Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY - Get Free Report) saw strong trading volume on Wednesday . 9,600 shares traded hands during mid-day trading, an increase of 74% from the previous session's volume of 5,526 shares.The stock last traded at $1.66 and had previously closed at $1.70.

Orbia Advance Stock Up 1.2%

The company has a debt-to-equity ratio of 1.48, a current ratio of 1.36 and a quick ratio of 0.93. The business has a 50 day simple moving average of $1.45 and a 200-day simple moving average of $1.42.

Orbia Advance Company Profile

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.