Orbia Advance (OTCMKTS:MXCHY) Shares Gap Down – Here’s What Happened

Orbia Advance Corporation, S.A.B. de C.V. Unsponsored ADR (OTCMKTS:MXCHY)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $1.8050, but opened at $1.58. Orbia Advance shares last traded at $1.58, with a volume of 650 shares traded.

Analyst Upgrades and Downgrades

Separately, Santander upgraded Orbia Advance to an “outperform” rating in a report on Thursday, October 16th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Orbia Advance Stock Performance

The company has a debt-to-equity ratio of 1.48, a current ratio of 1.36 and a quick ratio of 0.93. The firm has a 50-day moving average of $1.83 and a two-hundred day moving average of $1.56.

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.