Shares of Solvay SA (OTCMKTS:SLVYY – Get Free Report) saw strong trading volume on Friday . Approximately 59,087 shares were traded during trading, an increase of 75% from the previous session’s volume of 33,798 shares.The stock last traded at $2.85 and had previously closed at $2.97.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on SLVYY. Zacks Research lowered Solvay from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft raised Solvay from a “sell” rating to a “hold” rating in a report on Wednesday, June 10th. Five research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Reduce”.
Check Out Our Latest Stock Report on SLVYY
Solvay Trading Down 4.9%
Solvay Company Profile
Solvay SA is a Belgium-based chemical company that develops and manufactures essential materials and chemical solutions for industrial and consumer applications. Its portfolio includes soda ash, sodium bicarbonate, hydrogen peroxide, silica, specialty chemicals and related products used in areas such as construction, glass manufacturing, water treatment, detergents, pulp and paper, food, agriculture and healthcare.
The company serves customers across a range of industries, including automotive, aerospace, electronics, consumer goods and energy.
Featured Articles
- Five stocks we like better than Solvay
- J.B. Hunt’s Stock Plunges After Market Misprices Profit Warning
- 2 Stocks Breaking Out Post-FOMC With One Thing in Common
- Lennar’s Q3 Miss Hides a Stronger Operating Story Beneath the Housing Slump
- These 3 Stocks Are Drawing Insider Buyers for Very Different Reasons
Receive News & Ratings for Solvay Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Solvay and related companies with MarketBeat.com's FREE daily email newsletter.
