Symphony Environmental Technologies (LON:SYM) Shares Cross Above 50-Day Moving Average – Time to Sell?

Symphony Environmental Technologies plc (LON:SYM)’s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 8.71 and traded as high as GBX 10. Symphony Environmental Technologies shares last traded at GBX 9.75, with a volume of 2,906 shares.

Symphony Environmental Technologies Price Performance

The company has a debt-to-equity ratio of 554.64, a quick ratio of 1.01 and a current ratio of 1.34. The firm has a market cap of £23.05 million, a price-to-earnings ratio of -16.81 and a beta of 0.01. The stock’s 50 day simple moving average is GBX 8.71 and its 200-day simple moving average is GBX 9.54.

About Symphony Environmental Technologies

Symphony Environmental is a world leader in the development of plastic additives and masterbatches to enhance plastic products.

Our leading brands are d2w biodegradable plastic technology, developed to make ordinary plastic self-destruct and become biodegradable in the same way as nature’s wastes, if it should escape collection and end up as litter. Much faster than ordinary plastic so that it does not cause long term harm in the environment.

Our protective technologies provide cost-effective protection to products and surfaces in applications as diverse as food packaging and processing to flame retardants, insecticides and pest control.