Orbia Advance (OTCMKTS:MXCHY) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

by · The Markets Daily

Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1.42 and traded as low as $1.37. Orbia Advance shares last traded at $1.55, with a volume of 1,225 shares traded.

Analysts Set New Price Targets

Separately, Barclays reaffirmed an “overweight” rating on shares of Orbia Advance in a research note on Tuesday, May 6th.

Read Our Latest Analysis on Orbia Advance

Orbia Advance Price Performance

The company has a current ratio of 1.37, a quick ratio of 0.96 and a debt-to-equity ratio of 1.48. The stock has a fifty day simple moving average of $1.34 and a two-hundred day simple moving average of $1.42.

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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