Symrise (OTCMKTS:SYIEY) Upgraded by Citigroup to Strong-Buy Rating

Citigroup upgraded shares of Symrise (OTCMKTS:SYIEY) from a hold rating to a strong-buy rating in a report published on Monday,Zacks.com reports.

Symrise Stock Performance

OTCMKTS:SYIEY opened at $27.26 on Monday. Symrise has a fifty-two week low of $23.96 and a fifty-two week high of $34.58. The company has a quick ratio of 1.64, a current ratio of 2.97 and a debt-to-equity ratio of 0.61. The stock’s 50-day moving average is $25.51 and its two-hundred day moving average is $27.21.

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.