Bollore (OTCMKTS:BOIVF) Sees Large Volume Increase – Should You Buy?

Shares of Bollore S.A. (OTCMKTS:BOIVFGet Free Report) saw an uptick in trading volume on Wednesday . 402,000 shares changed hands during trading, an increase of 760% from the previous session’s volume of 46,721 shares.The stock last traded at $5.30 and had previously closed at $5.38.

Bollore Price Performance

The stock’s 50 day moving average is $5.41 and its 200-day moving average is $5.71.

Bollore Company Profile

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Bolloré is a diversified French conglomerate active across transportation and logistics, energy storage and systems, and communications. The company operates through subsidiaries that offer freight forwarding, port operations, and supply chain management services, serving industries ranging from automotive and industrial to retail and healthcare. Its logistics arm, Bolloré Logistics, maintains a network of offices and logistics platforms in Europe, Africa, Asia, and the Americas, supporting import, export and customs services.

In energy storage, Bolloré has developed advanced lithium metal polymer (LMP) battery technology under its Blue Solutions division.

Further Reading

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