Orbia Advance (OTCMKTS:MXCHY) Hits New 1-Year Low – Should You Sell?

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) shares hit a new 52-week low during mid-day trading on Friday . The stock 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 50-day simple moving average is $1.63 and its 200 day simple moving average is $1.98. 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 firm also recently announced a dividend, which was paid on Thursday, January 2nd. Investors of record on Monday, December 23rd were issued a dividend of $0.0294 per share. The ex-dividend date was Monday, December 23rd. This is a positive change 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.