Solvay (OTCMKTS:SVYSF) Stock Price Down 7.7% – Here’s Why

Solvay SA (OTCMKTS:SVYSFGet Free Report) shares were down 7.7% during trading on Thursday . The company traded as low as $36.00 and last traded at $37.85. Approximately 1,861 shares changed hands during mid-day trading, a decline of 40% from the average daily volume of 3,097 shares. The stock had previously closed at $41.00.

Solvay Stock Down 7.7 %

The company has a fifty day moving average price of $38.93 and a two-hundred day moving average price of $36.56.

About Solvay

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Solvay SA provides advanced materials and specialty chemicals worldwide. It operates through four segments: Materials, Chemicals, Solutions, and Corporate & Business Services. The Materials segment offers specialty polymers, including aromatic polymers, high barrier polymers, and fluoropolymers for the electronics, automotive, aerospace, and healthcare industries; and composite materials for aerospace engineered materials market.

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