Orbia Advance (OTCMKTS:MXCHY) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHYGet Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.76 and traded as low as $1.35. Orbia Advance shares last traded at $1.35, with a volume of 8,000 shares traded.

Orbia Advance Stock Performance

The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.04 and a current ratio of 1.52. The stock’s 50 day moving average price is $1.45 and its 200-day moving average price is $1.76.

Orbia Advance Increases Dividend

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

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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