Orbia Advance (OTCMKTS:MXCHY) Sets New 52-Week Low – Should You Sell?

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY)’s stock price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $1.52 and last traded at $1.59, with a volume of 1831 shares traded. The stock had previously closed at $2.05.

Orbia Advance Price Performance

The stock has a 50-day simple moving average of $1.82 and a 200 day simple moving average of $2.22.

Orbia Advance Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, January 2nd. Investors of record on Monday, December 23rd will be issued a $0.0294 dividend. This is a boost from Orbia Advance’s previous dividend of $0.00. The ex-dividend date is Monday, December 23rd.

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.