Orbia Advance (OTCMKTS:MXCHY) Shares Gap Up – Here’s Why

by · The Cerbat Gem

Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY – Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $1.76, but opened at $1.89. Orbia Advance shares last traded at $1.89, with a volume of 900 shares trading hands.

Analyst Upgrades and Downgrades

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

Read Our Latest Stock Report on MXCHY

Orbia Advance Stock Down 0.5%

The company has a current ratio of 1.36, a quick ratio of 0.93 and a debt-to-equity ratio of 1.48. The firm’s 50-day moving average price is $1.78 and its two-hundred day moving average price is $1.51.

About Orbia Advance

(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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