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Orbia Advance (OTCMKTS:MXCHY) Shares Gap Down - Should You Sell?

Orbia Advance logo with Basic Materials background

Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY - Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $1.18, but opened at $1.00. Orbia Advance shares last traded at $1.23, with a volume of 13,661 shares traded.

Analyst Upgrades and Downgrades

Separately, Barclays reissued an "overweight" rating on shares of Orbia Advance in a research note on Tuesday, May 6th.

Get Our Latest Research Report on MXCHY

Orbia Advance Stock Performance

The stock has a 50 day simple moving average of $1.36 and a 200 day simple moving average of $1.44. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.96 and a current ratio of 1.37.

About Orbia Advance

(Get Free Report)

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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