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

Symrise AG (OTCMKTS:SYIEY)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-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 changing hands.

Analyst Ratings Changes

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

Symrise Trading Up 0.0 %

The company has a 50 day moving average of $25.81 and a 200-day moving average of $29.05. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.64 and a current ratio of 2.97.

About Symrise

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.