Solvay (OTC:SLVYY) Stock Price Up 1.1% – What’s Next?

Solvay SA (OTC:SLVYYGet Free Report)’s stock price rose 1.1% during mid-day trading on Tuesday . The stock traded as high as $3.34 and last traded at $3.31. Approximately 3,249 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 39,617 shares. The stock had previously closed at $3.27.

Solvay Stock Up 1.1%

The firm has a fifty day simple moving average of $3.32 and a 200-day simple moving average of $3.37.

Solvay Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, June 5th. Stockholders of record on Wednesday, May 28th were issued a $0.0816 dividend. This represents a dividend yield of 397.0%. The ex-dividend date was Tuesday, May 27th.

About Solvay

(Get Free Report)

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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