Symrise (OTCMKTS:SYIEY) Hits New 12-Month Low – What’s Next?

Shares of Symrise AG (OTCMKTS:SYIEY) reached a new 52-week low during trading on Wednesday . The stock traded as low as $24.62 and last traded at $24.81, with a volume of 89131 shares changing hands. The stock had previously closed at $25.21.

Wall Street Analyst Weigh In

SYIEY has been the topic of a number of analyst reports. Citigroup raised shares of Symrise to a “hold” rating in a research report on Tuesday, October 15th. Barclays raised Symrise to a “hold” rating in a research report on Monday, November 18th.

Symrise Stock Performance

The company has a current ratio of 2.97, a quick ratio of 1.64 and a debt-to-equity ratio of 0.61. The stock has a 50 day moving average price of $26.17 and a two-hundred day moving average price of $29.47.

About Symrise

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.