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Orbia Advance (OTCMKTS:MXCHY) Share Price Crosses Below 200-Day Moving Average - What's Next?

Orbia Advance logo with Basic Materials background

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY - Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.23 and traded as low as $1.76. Orbia Advance shares last traded at $2.05, with a volume of 1,375 shares changing hands.

Orbia Advance Stock Performance

The stock's 50-day simple moving average is $1.82 and its 200 day simple moving average is $2.23.

Orbia Advance Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, January 2nd. Investors of record on Monday, December 23rd will be issued a dividend of $0.0294 per share. The ex-dividend date is Monday, December 23rd. This is a positive change from Orbia Advance's previous dividend of $0.00.

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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