Orbia Advance (OTCMKTS:MXCHY) Hits New 52-Week Low – What’s Next?

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 Thursday . The stock traded as low as $1.26 and last traded at $1.26, with a volume of 2099 shares traded. The stock had previously closed at $1.33.

Orbia Advance Price Performance

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 business has a 50-day moving average of $1.59 and a 200 day moving average of $1.92.

Orbia Advance Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, January 2nd. Investors of record on Monday, December 23rd were given 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.

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.