Solvay SA (OTCMKTS:SLVYY – Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $2.97, but opened at $2.85. Solvay shares last traded at $2.85, with a volume of 2,711 shares changing hands.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised shares of Solvay from a “sell” rating to a “hold” rating in a research report on Wednesday, June 10th. Zacks Research lowered Solvay from a “strong-buy” rating to a “hold” rating in a report on Friday, July 31st. Five investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Solvay has an average rating of “Reduce”.
Read Our Latest Report on SLVYY
Solvay Trading Up 0.7%
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.
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