Symrise (ETR:SY1) Stock Price Down 2.8% – What’s Next?

Symrise AG (ETR:SY1)’s share price was down 2.8% during mid-day trading on Thursday . The company traded as low as €106.70 ($117.25) and last traded at €106.70 ($117.25). Approximately 236,963 shares changed hands during trading, The stock had previously closed at €109.80 ($120.66).

Symrise Price Performance

The stock’s 50-day moving average price is €118.41 and its 200 day moving average price is €112.87. The company has a quick ratio of 1.39, a current ratio of 2.96 and a debt-to-equity ratio of 66.93. The firm has a market capitalization of $14.91 billion, a price-to-earnings ratio of 37.84, a PEG ratio of 2.00 and a beta of 0.49.

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.