(VIANEWS) – The Market ended the session with SOLVAY (SOLB.BR) jumping 9.63% to €33.35 on Tuesday while BEL 20 jumped 1.72% to €3,996.52.
SOLVAY’s last close was €30.42, 4.19% below its 52-week high of €31.75.
About SOLVAY
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. The Chemicals segment produces and sells soda ash and sodium bicarbonate primarily to the flat and container glass industries, as well as for use in detergents, pharmaceutical, and feed and food industries; hydrogen peroxide for use primarily in the paper industry to bleach pulp, as well as chemicals, electronics, food, mining, and environment; and dispersible silica for tire manufacturers; and solvent solutions, phenols and derivatives, polyamide derivatives and smart, functional, and sustainable yarns and polymers. The Solutions segment offers specialty chemicals for agro, home and personal care, coatings, and industrial markets; technology solutions in specialty mining reagents, phosphine-based chemistry, and solutions for the stabilization of polymers; fluorine and rare-earth formulations for automotive, electronics, agrochemical, and construction applications; and vanillin for the food, flavors, and fragrances industries, as well as value-added intermediates used in monomers and polymers, pharmaceuticals, agrochemicals, and electronics. This segment also provides various products for upstream oilfield chemicals sector, as well as sodium hypophosphite for metal plating and other applications; and PROBAN, a technological process that offers durable flame retardant properties to cotton-based textiles. The Corporate & Business Services segment provides energy and other business services. The company was founded in 1863 and is headquartered in Brussels, Belgium.
Earnings Per Share
As for profitability, SOLVAY has a trailing twelve months EPS of €-0.36.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -0.47%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 65.6%, now sitting on 6.02B for the twelve trailing months.
Moving Average
SOLVAY’s value is way higher than its 50-day moving average of €26.53 and way above its 200-day moving average of €23.33.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 82.6% and a negative 80%, respectively.
Volume
Today’s last reported volume for SOLVAY is 418956 which is 8.02% below its average volume of 455492.
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