Orbia Advance (OTCMKTS:MXCHY) Hits New 52-Week Low – Here’s Why

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

Orbia Advance Trading Down 5.3 %

The business’s fifty day moving average price is $1.63 and its 200-day moving average price is $1.98. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.52 and a quick ratio of 1.04.

Orbia Advance Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Monday, December 23rd were issued a $0.0294 dividend. This is an increase from Orbia Advance’s previous dividend of $0.00. The ex-dividend date was Monday, December 23rd.

Orbia Advance Company Profile

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.