Symrise (OTCMKTS:SYIEY) Sets New 52-Week Low – Time to Sell?

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

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on SYIEY shares. Barclays upgraded shares of Symrise to a “hold” rating in a research report on Monday, November 18th. Citigroup upgraded shares of Symrise to a “hold” rating in a report on Tuesday, October 15th.

Symrise Trading Down 2.6 %

The business has a 50-day moving average of $26.99 and a 200 day moving average of $30.11. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.97 and a quick ratio of 1.64.

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.