Solvay SA (OTCMKTS:SLVYY) Given Average Rating of “Hold” by Brokerages

Solvay SA (OTCMKTS:SLVYY) has been given an average rating of “Hold” by the seven brokerages that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and one has given a strong buy recommendation to the company.

Several research firms recently commented on SLVYY. Zacks Research raised shares of Solvay to a “strong-buy” rating in a report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft upgraded shares of Solvay from a “sell” rating to a “hold” rating in a research report on Wednesday, June 10th.

Solvay Trading Down 0.0%

Shares of SLVYY stock traded down $0.00 during trading hours on Friday, hitting $2.94. 13,880 shares of the company’s stock were exchanged, compared to its average volume of 39,898. Solvay has a 12-month low of $2.77 and a 12-month high of $3.52. The business’s 50 day simple moving average is $3.03 and its 200-day simple moving average is $3.07.

About Solvay

Solvay SA provides advanced materials and specialty chemicals worldwide. It operates through four segments: Materials, Chemicals, Solutions, and Corporate & Business Services. The Materials segment offers specialty polymers, including aromatic polymers, high barrier polymers, and fluoropolymers for the electronics, automotive, aerospace, and healthcare industries; and composite materials for aerospace engineered materials market. The Chemicals segment produces and sells soda ash and sodium bicarbonate primarily to the flat and container glass industries, as well as for use in detergents, pharmaceutical, and feed and food industries; hydrogen peroxide for use primarily in the paper industry to bleach pulp, as well as chemicals, electronics, food, mining, and environment; and dispersible silica for tire manufacturers; and solvent solutions, phenols and derivatives, polyamide derivatives and smart, functional, and sustainable yarns and polymers.