Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHF – Get Free Report) shares rose 23.4% during trading on Thursday . The stock traded as high as $1.11 and last traded at $1.11. Approximately 4,200 shares traded hands during trading, an increase of 95% from the average daily volume of 2,150 shares. The stock had previously closed at $0.8998.
Orbia Advance Stock Performance
The business has a 50-day moving average price of $0.91 and a 200-day moving average price of $0.85.
About Orbia Advance
Orbia Advance Corporation, formerly known as Mexichem, is a global materials and solutions provider specializing in polymer-based technologies and infrastructure systems. The company operates five key business platforms: Fluorinated Solutions, Polymer Solutions, Precision Agriculture, Building and Infrastructure, and Data Communications. Its product portfolio includes fluoropolymers and refrigerant gases, PVC resins and compounds, drip-irrigation systems, water and gas piping networks, and fiber-optic microducts for broadband connectivity.
In its Fluorinated Solutions segment, Orbia supplies specialty chemicals such as PTFE, PVDF and FEP resins, along with refrigerants and industrial gases used in automotive, electronics and healthcare applications.
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