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Orbia Advance (OTCMKTS:MXCHY) Trading Down 13% - What's Next?

Orbia Advance logo with Basic Materials background

Shares of Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY - Get Free Report) dropped 13% during trading on Friday . The company traded as low as $1.31 and last traded at $1.31. Approximately 1,900 shares changed hands during mid-day trading, a decline of 46% from the average daily volume of 3,544 shares. The stock had previously closed at $1.51.

Analyst Ratings Changes

Separately, Barclays restated an "overweight" rating on shares of Orbia Advance in a report on Tuesday, May 6th.

Check Out Our Latest Stock Report on MXCHY

Orbia Advance Trading Down 15.0%

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 company has a fifty day moving average price of $1.36 and a two-hundred day moving average price of $1.39.

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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