SYMRISE AG/ADR (OTCMKTS:SYIEY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Tuesday, Zacks.com reports.

According to Zacks, “Symrise AG manufactures, develops and sells fragrances, flavorings, cosmetic base materials and substances for the cosmetics industry. The company’s operating segments consists of Scent & Care and Flavor & Nutrition. Scent and Care segment develops, produces and sells fragrances, cosmetic ingredients, aroma molecules and mint aromas and also develops specific application processes for such substances. Flavor and Nutrition segment develops, produces and sells flavors which are used by customers in the production of food products and beverages. Its product includes perfume, cosmetics and food manufacturers to pharmaceutical companies and producers of nutritional supplements, pet food and baby food. The company operates primarily in Europe, Africa, the Middle East, North America, the Asia Pacific and Latin America. Symrise AG is headquartered in Holzminden, Germany. “

Separately, ValuEngine lowered SYMRISE AG/ADR from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st.

Shares of OTCMKTS SYIEY traded up $0.18 during trading on Tuesday, reaching $23.65. The company had a trading volume of 17,051 shares, compared to its average volume of 40,597. SYMRISE AG/ADR has a twelve month low of $18.15 and a twelve month high of $25.28. The stock has a 50-day moving average price of $23.07 and a two-hundred day moving average price of $23.29.

About SYMRISE AG/ADR

Symrise AG develops, produces, and supplies fragrances, flavorings, cosmetic active ingredients, raw materials, and functional ingredients. It operates through three segments: Scent & Care, Flavor, and Nutrition. The Scent & Care segment develops, produces, and sells fragrance ingredients and compositions, cosmetic ingredients, and mint flours, as well as specific application processes for such substances.

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