Bollore (OTCMKTS:BOIVF) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Bollore S.A. (OTCMKTS:BOIVF – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 402,000 shares were traded during mid-day 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 firm has a 50-day moving average price of $5.42 and a two-hundred day moving average price of $5.71.

About Bollore

(Get Free Report)

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.

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