Orbia Advance (MXCHY) Expected to Announce Earnings on Tuesday

Orbia Advance (OTCMKTS:MXCHY) is expected to post its results before the market opens on Tuesday, February 24th. Analysts expect Orbia Advance to post earnings of ($0.04) per share for the quarter.

Orbia Advance Price Performance

MXCHY opened at $2.44 on Monday. The company has a quick ratio of 1.10, a current ratio of 1.56 and a debt-to-equity ratio of 1.76. Orbia Advance has a fifty-two week low of $1.00 and a fifty-two week high of $2.48. The business has a 50-day moving average of $1.98 and a 200-day moving average of $1.80.

Analysts Set New Price Targets

Separately, Itau BBA Securities raised shares of Orbia Advance to an “outperform” rating in a research report on Wednesday, January 28th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Orbia Advance currently has an average rating of “Buy”.

Orbia Advance Company Profile

Orbia Advance Corporation, formerly Mexichem, is a leading global provider of specialty materials and innovative solutions headquartered in Mexico City. Founded in 1953 as the first vinyl chloride producer in Mexico, the company rebranded to Orbia Advance in 2019 to reflect its broadened portfolio spanning advanced chemicals, polymers and infrastructure technologies.

Orbia’s operations are organized into four core segments: Fluorinated Solutions, which offers refrigerants, fluoropolymers and specialty chemicals; Polymer Solutions, producing polyethylene, PVC and compound resins; Building & Infrastructure, supplying piping systems, cables and water management products; and Precision Agriculture, delivering drip-irrigation systems and soil-conditioning services.