Symrise (OTCMKTS:SYIEY) Share Price Passes Above Fifty Day Moving Average of $24.48

Symrise AG (OTCMKTS:SYIEYGet Free Report)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $24.48 and traded as high as $26.50. Symrise shares last traded at $26.46, with a volume of 36,044 shares changing hands.

Analysts Set New Price Targets

Separately, Morgan Stanley upgraded shares of Symrise from an “underweight” rating to an “overweight” rating in a report on Thursday, August 24th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from, the stock has a consensus rating of “Moderate Buy” and an average price target of $110.00.

Get Our Latest Stock Analysis on SYIEY

Symrise Stock Up 2.8 %

The stock has a fifty day moving average of $24.48 and a 200-day moving average of $25.83. The company has a current ratio of 2.59, a quick ratio of 1.38 and a debt-to-equity ratio of 0.66.

Symrise Company Profile

(Get Free Report)

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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