Orbia Advance (OTCMKTS:MXCHY) Stock Passes Below 200-Day Moving Average – Time to Sell?

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHYGet Free Report)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.80 and traded as low as $1.45. Orbia Advance shares last traded at $1.47, with a volume of 4,453 shares changing hands.

Orbia Advance Price Performance

The business has a 50-day moving average of $1.49 and a 200 day moving average of $1.80. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.04 and a current ratio of 1.52.

Orbia Advance Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Monday, December 23rd were paid a dividend of $0.0294 per share. The ex-dividend date of this dividend was Monday, December 23rd. This is a positive change from Orbia Advance’s previous dividend of $0.00.

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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