Signify (OTCMKTS:SFFYF – Get Free Report)’s share price was down 19.1% on Monday . The company traded as low as $19.10 and last traded at $19.10. 1,000 shares were traded during mid-day trading, an increase of 119% from the average daily volume of 457 shares. The stock had previously closed at $23.61.
Analyst Ratings Changes
Separately, The Goldman Sachs Group downgraded Signify to a “neutral” rating in a research note on Thursday, June 11th. One research analyst has rated the stock with a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Signify presently has an average rating of “Sell”.
Read Our Latest Stock Report on Signify
Signify Price Performance
Signify Company Profile
Signify N.V. (OTCMKTS: SFFYF) is a global leader in lighting products, systems and services. Established as a standalone company following its spin-off from Koninklijke Philips N.V. in 2016, Signify leverages decades of expertise in illumination technology. The company’s offerings span conventional and energy-efficient LED lamps, luminaires and connected lighting systems designed for both professional and consumer markets.
Signify’s product portfolio includes smart lighting solutions under the Philips Hue brand, digital lighting controls, and Internet of Things (IoT) enabled platforms such as Interact.
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