Symrise (OTCMKTS:SYIEF) Trading Down 0.9% – Time to Sell?
by Michael Walen · The Markets DailySymrise AG (OTCMKTS:SYIEF – Get Free Report) shares fell 0.9% on Tuesday . The stock traded as low as $98.3760 and last traded at $98.3760. Approximately 350 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 1,711 shares. The stock had previously closed at $99.2880.
Symrise Stock Performance
The business’s 50-day moving average price is $93.97 and its 200-day moving average price is $88.78.
Symrise Company Profile
Symrise AG, headquartered in Holzminden, Germany, is a global supplier of fragrances, flavorings, functional ingredients and raw materials for the food, beverage, health and cosmetics industries. The company was established in 2003 through the merger of aroma specialist Haarmann & Reimer and international flavor group Dragoco. Since its formation, Symrise has focused on combining expertise in chemistry, biology and consumer insights to develop solutions that enhance the taste, aroma, texture and performance of a wide range of products.
Symrise operates primarily through two business segments: Flavor & Nutrition and Scent & Care.