Orbia Advance (OTCMKTS:MXCHY) Sees Strong Trading Volume - Here's What Happened

Key Points

• Orbia Advance Corporation saw a significant rise in trading volume, with 22,930 shares traded, an increase of 344% from the previous session.
• The stock's latest trading price was $1.67, with moving averages of $1.42 over 50 days and $1.40 over 200 days, indicating potential price stability.
• Orbia Advance specializes in products for sectors including precision agriculture, building and infrastructure, and connectivity solutions, providing a diverse array of offerings.

Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY - ) shares saw strong trading volume on Thursday . 22,930 shares were traded during trading, an increase of 344% from the previous session's volume of 5,167 shares.The stock last traded at $1.67 and had previously closed at $1.65.

Orbia Advance Price Performance

The firm has a 50 day moving average price of $1.42 and a two-hundred day moving average price of $1.40. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.93 and a current ratio of 1.36.

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.

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