Symrise (ETR:SY1) Shares Up 0.1% – Here’s Why

Symrise AG (ETR:SY1) shares shot up 0.1% on Tuesday . The stock traded as high as €80.00 ($93.02) and last traded at €79.80 ($92.79). 319,435 shares changed hands during trading, The stock had previously closed at €79.76 ($92.74).

Symrise Price Performance

The company’s 50-day moving average is €78.90 and its two-hundred day moving average is €89.69. The company has a debt-to-equity ratio of 67.90, a current ratio of 2.97 and a quick ratio of 1.39. The firm has a market cap of $11.51 billion, a P/E ratio of 29.39, a PEG 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.