Shares of Solvay SA (OTCMKTS:SLVYY – Get Free Report) saw strong trading volume on Friday . 59,087 shares were traded during mid-day 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 Analyst Weigh In
SLVYY has been the subject of a number of recent research reports. Zacks Research lowered shares of Solvay from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft upgraded Solvay from a “sell” rating to a “hold” rating in a research report on Wednesday, June 10th. Five 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, the company currently has an average rating of “Reduce”.
Check Out Our Latest Analysis on SLVYY
Solvay Price Performance
About Solvay
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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