Orbia Advance (OTCMKTS:MXCHY) Hits New 1-Year 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 Tuesday . The stock traded as low as $1.28 and last traded at $1.28, with a volume of 100 shares. The stock had previously closed at $1.37.

Orbia Advance Stock Up 5.5 %

The stock has a 50-day moving average of $1.69 and a 200-day moving average of $2.06. 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 company also recently announced 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. This is a positive change from Orbia Advance’s previous dividend of $0.00. The ex-dividend date of this dividend was Monday, December 23rd.

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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