Symrise (OTCMKTS:SYIEY) Reaches New 12-Month Low – Here’s What Happened

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY)’s share price reached a new 52-week low during trading on Monday . The company traded as low as $19.61 and last traded at $19.61, with a volume of 17804 shares traded. The stock had previously closed at $20.10.

Wall Street Analyst Weigh In

A number of analysts have weighed in on SYIEY shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Symrise in a report on Monday, November 24th. Zacks Research downgraded shares of Symrise from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy”.

Symrise Price Performance

The company has a 50-day moving average price of $21.38 and a 200-day moving average price of $24.15. The company has a current ratio of 1.49, a quick ratio of 0.83 and a debt-to-equity ratio of 0.34.

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.