Orbia Advance (OTCMKTS:MXCHY) Hits New 12-Month Low – Here’s Why

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHYGet Free Report) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $1.26 and last traded at $1.26, with a volume of 9433 shares trading hands. The stock had previously closed at $1.33.

Orbia Advance Stock Down 5.3 %

The company has a quick ratio of 1.04, a current ratio of 1.52 and a debt-to-equity ratio of 1.47. The stock’s 50 day moving average is $1.63 and its 200-day moving average is $1.97.

Orbia Advance Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, January 2nd. Stockholders of record on Monday, December 23rd were given a $0.0294 dividend. The ex-dividend date was Monday, December 23rd. This is a positive change from Orbia Advance’s previous dividend of $0.00.

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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