Symrise (OTCMKTS:SYIEY) Hits New 12-Month Low – Here’s Why

Symrise AG (OTCMKTS:SYIEY)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $24.62 and last traded at $24.81, with a volume of 89131 shares changing hands. The stock had previously closed at $25.21.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Barclays raised Symrise to a “hold” rating in a research report on Monday, November 18th. Citigroup raised shares of Symrise to a “hold” rating in a report on Tuesday, October 15th.

Symrise Price Performance

The company has a 50-day moving average price of $26.28 and a 200-day moving average price of $29.53. 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

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.