Symphony Environmental Technologies (LON:SYM) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Symphony Environmental Technologies plc (LON:SYMGet Free Report)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 7.62 and traded as low as GBX 6.50. Symphony Environmental Technologies shares last traded at GBX 8, with a volume of 20,423 shares changing hands.

Symphony Environmental Technologies Trading Down 10.3%

The company has a current ratio of 0.75, a quick ratio of 1.01 and a debt-to-equity ratio of -442.68. The stock has a market cap of £15.36 million, a P/E ratio of -6.02 and a beta of 0.76. The firm’s 50-day simple moving average is GBX 8 and its 200 day simple moving average is GBX 7.61.

Symphony Environmental Technologies (LON:SYMGet Free Report) last released its quarterly earnings results on Wednesday, June 24th. The company reported GBX (1.08) earnings per share for the quarter. The business had revenue of GBX 573 million for the quarter. Symphony Environmental Technologies had a negative net margin of 43.53% and a negative return on equity of 1,282.78%. As a group, equities research analysts anticipate that Symphony Environmental Technologies plc will post 0.6380089 earnings per share for the current year.

Symphony Environmental Technologies Company Profile

(Get Free Report)

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.

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