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Orbia Advance (OTCMKTS:MXCHY) Stock Price Up 9.4% - Still a Buy?

Orbia Advance logo with Basic Materials background

Key Points

  • Orbia Advance Corporation shares surged 9.4% on Friday, reaching a last trading price of $1.87, an increase from the previous close of $1.71.
  • The company experienced a significant increase in trading volume, with approximately 7,400 shares traded, up 29% from the average daily volume of 5,731 shares.
  • Orbia Advance specializes in products for precision agriculture, building and infrastructure, and connectivity sectors, offering solutions such as irrigation systems and digital farming technologies.
  • Five stocks to consider instead of Orbia Advance.

Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY - Get Free Report) shot up 9.4% during trading on Friday . The stock traded as high as $1.88 and last traded at $1.87. 7,400 shares were traded during mid-day trading, an increase of 29% from the average session volume of 5,731 shares. The stock had previously closed at $1.71.

Orbia Advance Price Performance

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 company's fifty day simple moving average is $1.46 and its 200 day simple moving average is $1.42.

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.

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