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

Symrise AG (OTCMKTS:SYIEY) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $24.68 and last traded at $24.82, with a volume of 121614 shares trading hands. The stock had previously closed at $25.48.

Analysts Set New Price Targets

Several research firms have commented on SYIEY. Citigroup upgraded Symrise to a “hold” rating in a report on Tuesday, October 15th. Barclays upgraded Symrise to a “hold” rating in a research note on Monday, November 18th.

Symrise Price Performance

The company has a debt-to-equity ratio of 0.61, a current ratio of 2.97 and a quick ratio of 1.64. The firm’s 50-day moving average price is $26.75 and its two-hundred day moving average price is $30.00.

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.