Bollore (OTCMKTS:BOIVF) Sees Strong Trading Volume – Still a Buy?

Shares of Bollore S.A. (OTCMKTS:BOIVFGet Free Report) saw strong trading volume on Thursday . 132,387 shares were traded during trading, an increase of 210% from the previous session’s volume of 42,639 shares.The stock last traded at $5.29 and had previously closed at $5.41.

Bollore Stock Down 2.0%

The company has a fifty day moving average price of $5.42 and a two-hundred day moving average price of $5.73.

Bollore Company Profile

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Bolloré is a diversified French conglomerate active across transportation and logistics, energy storage and systems, and communications. The company operates through subsidiaries that offer freight forwarding, port operations, and supply chain management services, serving industries ranging from automotive and industrial to retail and healthcare. Its logistics arm, Bolloré Logistics, maintains a network of offices and logistics platforms in Europe, Africa, Asia, and the Americas, supporting import, export and customs services.

In energy storage, Bolloré has developed advanced lithium metal polymer (LMP) battery technology under its Blue Solutions division.

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