Solvay (OTC:SLVYY) Stock Price Down 1.4% – Here’s What Happened

Solvay SA (OTC:SLVYY) shares were down 1.4% on Thursday . The stock traded as low as $3.22 and last traded at $3.23. Approximately 16,604 shares changed hands during trading, a decline of 71% from the average daily volume of 57,450 shares. The stock had previously closed at $3.27.

Solvay Stock Performance

The stock has a 50 day simple moving average of $3.13 and a two-hundred day simple moving average of $3.43.

Solvay Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, January 27th were issued a $0.0991 dividend. The ex-dividend date of this dividend was Monday, January 27th. This is an increase from Solvay’s previous dividend of $0.04.

Solvay Company Profile

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.