Symrise (OTCMKTS:SYIEY) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Symrise AG (OTCMKTS:SYIEY) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $29.09 and traded as low as $25.26. Symrise shares last traded at $25.47, with a volume of 66,859 shares traded.

Analyst Upgrades and Downgrades

Separately, Barclays raised shares of Symrise to a “hold” rating in a report on Monday, November 18th.

Symrise Stock Performance

The company’s fifty day moving average price is $25.84 and its two-hundred day moving average price is $29.09. The company has a quick ratio of 1.64, a current ratio of 2.97 and a debt-to-equity ratio of 0.61.

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.