Orbia Advance (OTCMKTS:MXCHY) Reaches New 12-Month Low – What’s Next?

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as $1.26 and last traded at $1.26, with a volume of 538 shares. The stock had previously closed at $1.60.

Orbia Advance Stock Down 1.2 %

The firm has a fifty day moving average price of $1.56 and a two-hundred day moving average price of $1.88. The company has a current ratio of 1.52, a quick ratio of 1.04 and a debt-to-equity ratio of 1.47.

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 issued a $0.0294 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a boost from Orbia Advance’s previous dividend of $0.00.

About Orbia Advance

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.