Symrise (OTCMKTS:SYIEY) Sees Strong Trading Volume – Here’s What Happened

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) saw unusually-high trading volume on Friday . Approximately 265,512 shares were traded during trading, an increase of 67% from the previous session’s volume of 158,965 shares.The stock last traded at $20.0320 and had previously closed at $20.08.

Analyst Ratings Changes

A number of equities analysts recently weighed in on SYIEY shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Symrise in a research report on Monday, November 24th. Zacks Research downgraded shares of Symrise from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy”.

Symrise Stock Down 0.1%

The company has a quick ratio of 0.83, a current ratio of 1.49 and a debt-to-equity ratio of 0.34. The business’s fifty day moving average is $20.77 and its two-hundred day moving average is $23.26.

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.