Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Sees Large Decline in Short Interest

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) was the target of a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 31,727 shares, a decline of 21.8% from the February 12th total of 40,582 shares. Based on an average daily volume of 183,526 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 183,526 shares, the short-interest ratio is presently 0.2 days.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Zacks Research lowered Symrise from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. The Goldman Sachs Group upgraded Symrise from a “hold” rating to a “buy” rating in a report on Tuesday, February 10th. Jefferies Financial Group cut Symrise from a “moderate sell” rating to a “strong sell” rating in a research report on Wednesday, March 4th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Symrise in a research note on Monday, November 24th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Symrise currently has a consensus rating of “Moderate Buy”.

Symrise Trading Up 0.2%

Shares of OTCMKTS:SYIEY opened at $20.95 on Friday. Symrise has a 1-year low of $19.31 and a 1-year high of $30.58. The business’s 50 day moving average is $21.45 and its 200-day moving average is $21.50. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.49 and a quick ratio of 0.83.

Symrise Company Profile

Symrise AG is a global supplier of fragrances, flavors, cosmetic active ingredients and raw materials for the food and beverage, personal care and household industries. Headquartered in Holzminden, Germany, the company develops scent and taste solutions that are used in a wide range of consumer products, from perfumes and personal care formulations to soft drinks, confections and savory seasonings.

The company’s core business is organized into two divisions. The Flavors & Nutrition division creates taste concepts, food ingredients and texture solutions that enhance the sensory appeal and nutritional profile of a variety of foods and beverages.