Symrise (OTCMKTS:SYIEY) Shares Cross Above Fifty Day Moving Average of $25.20

Shares of Symrise AG (OTCMKTS:SYIEYGet Rating) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $25.20 and traded as high as $28.77. Symrise shares last traded at $28.67, with a volume of 165,291 shares changing hands.

Analyst Ratings Changes

Separately, Morgan Stanley downgraded shares of Symrise from an “equal weight” rating to an “underweight” rating in a research report on Monday, September 26th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Symrise has a consensus rating of “Hold” and an average price target of $117.00.

Symrise Stock Performance

The company has a 50-day moving average of $25.20 and a 200-day moving average of $26.56.

About Symrise

(Get Rating)

Symrise AG supplies fragrances, flavorings, cosmetic active ingredients and raw materials, and functional ingredients. It operates through two segments, Taste, Nutrition & Health, and Scent & Care. The Taste, Nutrition & Health segment provides functional ingredients and flavor 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 aqua feed manufacturers to develop solutions for fish and shrimp farms; and probiotics for food supplements and functional foods.

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