Symrise (OTCMKTS:SYIEY) Hits New 52-Week Low – Here’s Why

Symrise AG (OTCMKTS:SYIEY) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $24.68 and last traded at $24.82, with a volume of 121614 shares trading hands. The stock had previously closed at $25.48.

Analyst Upgrades and Downgrades

A number of brokerages have commented on SYIEY. Barclays upgraded shares of Symrise to a “hold” rating in a report on Monday, November 18th. Citigroup upgraded shares of Symrise to a “hold” rating in a research note on Tuesday, October 15th.

Symrise Stock Up 0.8 %

The stock has a 50-day moving average price of $26.75 and a two-hundred day moving average price of $30.00. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.97 and a quick ratio of 1.64.

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.