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Orbia Advance (OTCMKTS:MXCHY) Trading Up 7.1% - Still a Buy?

Orbia Advance logo with Basic Materials background

Key Points

  • Orbia Advance Corporation saw its stock price increase by 7.1% to $1.66 during mid-day trading, following a previous close of $1.55.
  • The company's trading volume showed a significant decline, with only 1,502 shares traded, down 66% from its average daily volume of 4,449 shares.
  • Orbia Advance focuses on products and solutions for precision agriculture, building and infrastructure, and connectivity, offering various services and technologies in these sectors.
  • MarketBeat previews top five stocks to own in October.

Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY - Get Free Report)'s stock price was up 7.1% during mid-day trading on Tuesday . The company traded as high as $1.66 and last traded at $1.66. Approximately 1,502 shares traded hands during mid-day trading, a decline of 66% from the average daily volume of 4,449 shares. The stock had previously closed at $1.55.

Orbia Advance Trading Up 6.1%

The business's 50 day moving average is $1.41 and its 200-day moving average is $1.40. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.36 and a quick ratio of 0.93.

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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