Symrise (ETR:SY1) Trading Down 0.5% – Here’s Why

Symrise AG (ETR:SY1) shares dropped 0.5% on Monday . The company traded as low as €72.68 ($85.51) and last traded at €72.86 ($85.72). Approximately 519,868 shares changed hands during mid-day trading, The stock had previously closed at €73.20 ($86.12).

Symrise Price Performance

The business has a 50-day simple moving average of €81.11 and a two-hundred day simple moving average of €91.58. The company has a quick ratio of 1.39, a current ratio of 2.97 and a debt-to-equity ratio of 67.90. The stock has a market capitalization of $10.49 billion, a price-to-earnings ratio of 26.78, a P/E/G ratio of 2.00 and a beta of 0.49.

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.