Orbia Advance (OTCMKTS:MXCHY) Share Price Passes Below 200-Day Moving Average of $3.99

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.99 and traded as low as $3.40. Orbia Advance shares last traded at $3.43, with a volume of 227 shares changing hands.

Orbia Advance Stock Performance

The company has a debt-to-equity ratio of 1.42, a current ratio of 1.64 and a quick ratio of 1.20. The firm has a 50-day moving average of $3.91 and a 200 day moving average of $3.99.

Orbia Advance Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, May 8th. Investors of record on Monday, April 29th will be given a $0.0331 dividend. This is a boost from Orbia Advance’s previous dividend of $0.00. The ex-dividend date of this dividend is Friday, April 26th.

Orbia Advance Company Profile

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.