Symphony Environmental Technologies (LON:SYM) Stock Price Down 10.3% – Here’s What Happened

Shares of Symphony Environmental Technologies plc (LON:SYM) traded down 10.3% during trading on Tuesday . The company traded as low as GBX 6.50 and last traded at GBX 6.50. 225,659 shares changed hands during mid-day trading, an increase of 143% from the average session volume of 92,785 shares. The stock had previously closed at GBX 7.25.

Symphony Environmental Technologies Stock Performance

The firm has a market cap of £16.90 million, a PE ratio of -12.33 and a beta of 0.58. The company has a current ratio of 1.07, a quick ratio of 1.01 and a debt-to-equity ratio of 232.89. The stock’s 50 day moving average price is GBX 6.91 and its 200 day moving average price is GBX 7.90.

Insider Transactions at Symphony Environmental Technologies

In related news, insider Michael Laurier sold 325,525 shares of Symphony Environmental Technologies stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of GBX 6, for a total transaction of £19,531.50. 18.77% of the stock is owned by company insiders.

Symphony Environmental Technologies Company Profile

Symphony Environmental is a world leader in the development of plastic additives and masterbatches to enhance plastic products.

Our leading brands are d2w biodegradable plastic technology, developed to make ordinary plastic self-destruct and become biodegradable in the same way as nature’s wastes, if it should escape collection and end up as litter. Much faster than ordinary plastic so that it does not cause long term harm in the environment.

Our protective technologies provide cost-effective protection to products and surfaces in applications as diverse as food packaging and processing to flame retardants, insecticides and pest control.