Orbia Advance (OTCMKTS:MXCHY) Shares Gap Down – Should You Sell?

by · The Cerbat Gem

Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY – Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $1.81, but opened at $1.72. Orbia Advance shares last traded at $1.72, with a volume of 1,000 shares traded.

Analyst Ratings Changes

Separately, Santander raised Orbia Advance to an “outperform” rating in a research note on Thursday, October 16th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy”.

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Orbia Advance Trading Down 1.7%

The company has a quick ratio of 0.93, a current ratio of 1.36 and a debt-to-equity ratio of 1.48. The company’s 50 day moving average is $1.81 and its 200 day moving average is $1.59.

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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