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Orbia Advance (OTCMKTS:MXCHY) Shares Gap Down - Time to Sell?

Orbia Advance logo with Basic Materials background

Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY - Get Free Report)'s share price gapped down before the market opened on Wednesday . The stock had previously closed at $1.46, but opened at $1.35. Orbia Advance shares last traded at $1.51, with a volume of 400 shares.

Analyst Ratings Changes

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

Get Our Latest Report on Orbia Advance

Orbia Advance Stock Down 16.3%

The company has a quick ratio of 0.93, a current ratio of 1.36 and a debt-to-equity ratio of 1.48. The business has a 50 day simple moving average of $1.36 and a 200-day simple moving average of $1.40.

Orbia Advance Company Profile

(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.

Further Reading

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