Bollore (OTCMKTS:BOIVF) Sees Large Volume Increase – Still a Buy?

Shares of Bollore S.A. (OTCMKTS:BOIVFGet Free Report) saw an uptick in trading volume on Monday . 33,879 shares were traded during mid-day trading, an increase of 168% from the previous session’s volume of 12,650 shares.The stock last traded at $5.7281 and had previously closed at $5.5664.

Bollore Price Performance

The stock’s 50-day moving average price is $5.41 and its 200-day moving average price is $5.68.

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.

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