Symrise (OTCMKTS:SYIEY) Stock Passes Below 200-Day Moving Average – Here’s Why

Shares of Symrise AG (OTCMKTS:SYIEYGet Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $29.09 and traded as low as $25.26. Symrise shares last traded at $25.47, with a volume of 66,859 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded Symrise to a “hold” rating in a research note on Monday, November 18th.

Get Our Latest Stock Analysis on Symrise

Symrise Trading Up 0.0 %

The business has a fifty day moving average of $25.81 and a 200-day moving average of $29.05. The company has a current ratio of 2.97, a quick ratio of 1.64 and a debt-to-equity ratio of 0.61.

Symrise Company Profile

(Get Free Report)

Symrise AG supplies fragrances, flavorings, cosmetic active ingredients and raw materials, and functional ingredients in Europe, Africa, the Middle East, North America, the Asia Pacific, and Latin America. It operates through two segments, Taste, Nutrition & Health; and Scent & Care. The Taste, Nutrition & Health segment provides functional ingredients and product solutions used in the production of food and beverages; savory flavors; natural and sustainable ingredients for food and beverage manufacturers, baby food, and dietary supplements; product solutions and services for pet food manufacturers; sustainable ingredients and services for fish feed manufacturers to develop solutions for fish and shrimp farms; and probiotics for food supplements and functional foods.

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