Orbia Advance (OTCMKTS:MXCHY) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

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 Trading Up 2.8 %

The company has a debt-to-equity ratio of 1.47, a current ratio of 1.52 and a quick ratio of 1.04. The stock’s fifty day moving average price is $1.49 and its two-hundred day moving average price is $1.80.

Orbia Advance Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Monday, December 23rd were issued a dividend of $0.0294 per share. The ex-dividend date was Monday, December 23rd. This is a boost 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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