Symrise (OTCMKTS:SYIEY) Sets New 1-Year Low – What’s Next?

Shares of Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $20.23 and last traded at $20.2705, with a volume of 4203 shares traded. The stock had previously closed at $20.41.

Analyst Upgrades and Downgrades

A number of research firms have commented on SYIEY. Baader Bank upgraded Symrise to a “buy” rating in a research report on Friday, August 8th. Zacks Research upgraded shares of Symrise from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 14th. Two equities research analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to MarketBeat, the company has a consensus rating of “Strong Buy”.

Symrise Stock Down 2.0%

The business’s fifty day moving average is $21.93 and its two-hundred day moving average is $24.91. The company has a quick ratio of 0.83, a current ratio of 1.49 and a debt-to-equity ratio of 0.34.

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.