Symrise (OTCMKTS:SYIEY) Shares Gap Down – Should You Sell?
by Jessica Moore · The Cerbat GemSymrise AG Unsponsored ADR (OTCMKTS:SYIEY – Get Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $20.10, but opened at $19.39. Symrise shares last traded at $20.13, with a volume of 14,761 shares trading hands.
Wall Street Analyst Weigh In
SYIEY has been the topic of a number of recent analyst reports. Zacks Research lowered Symrise from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Symrise in a report on Monday, November 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy”.
View Our Latest Stock Report on SYIEY
Symrise Stock Down 0.1%
The company has a debt-to-equity ratio of 0.34, a current ratio of 1.49 and a quick ratio of 0.83. The stock has a fifty day moving average price of $20.86 and a two-hundred day moving average price of $23.30.
About Symrise
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.