Solvay SA (OTCMKTS:SLVYY – Get Free Report)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as $2.73 and last traded at $2.80, with a volume of 5594 shares traded. The stock had previously closed at $2.87.
Analyst Upgrades and Downgrades
Several research firms have weighed in on SLVYY. Deutsche Bank Aktiengesellschaft upgraded Solvay from a “sell” rating to a “hold” rating in a report on Wednesday, June 10th. Zacks Research downgraded Solvay from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 31st. Five investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Reduce”.
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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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