Orbia Advance (OTCMKTS:MXCHY) Shares Down 5.5% - Here's Why

Key Points

• Orbia Advance Corporation shares fell by 5.5% to $1.89 during trading, with a significant drop in trading volume, down 41% from its average session.
• The company has a current ratio of 1.36 and a debt-to-equity ratio of 1.48, indicating its financial health amidst fluctuating stock performance.
• Orbia Advance specializes in products and solutions for precision agriculture, building infrastructure, and connectivity sectors, affecting industries related to irrigation and digital farming technologies.

Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY - ) shares traded down 5.5% during trading on Thursday . The company traded as low as $1.89 and last traded at $1.89. 4,300 shares traded hands during trading, a decline of 41% from the average session volume of 7,313 shares. The stock had previously closed at $2.00.

Orbia Advance Trading Down 4.0%

The company has a current ratio of 1.36, a quick ratio of 0.93 and a debt-to-equity ratio of 1.48. The stock's 50-day simple moving average is $1.52 and its 200 day simple moving average is $1.44.

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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