Orbia Advance (OTCMKTS:MXCHY) Trading Up 9.1% – What’s Next?

Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY)’s stock price was up 9.1% during trading on Tuesday . The stock traded as high as $1.91 and last traded at $1.91. Approximately 400 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 8,101 shares. The stock had previously closed at $1.75.

Analysts Set New Price Targets

Separately, Santander raised shares of Orbia Advance to an “outperform” rating in a report on Thursday, October 16th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy”.

Orbia Advance Stock Performance

The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.93 and a current ratio of 1.36. The stock’s 50 day moving average price is $1.79 and its two-hundred day moving average price is $1.52.

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.