Solvay SA (OTCMKTS:SLVYY – Get Free Report)’s stock price reached a new 52-week low on Thursday . The stock traded as low as $2.73 and last traded at $2.80, with a volume of 5594 shares changing hands. The stock had previously closed at $2.87.
Wall Street Analyst Weigh In
Several research analysts have commented on SLVYY shares. Deutsche Bank Aktiengesellschaft raised shares of Solvay from a “sell” rating to a “hold” rating in a research note on Wednesday, June 10th. Zacks Research downgraded shares of Solvay from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 31st. Five investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Solvay has a consensus rating of “Reduce”.
View Our Latest Analysis on Solvay
Solvay Price Performance
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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