Symrise (ETR:SY1) Stock Price Down 2.8% – Here’s What Happened

Symrise AG (ETR:SY1) was down 2.8% during mid-day trading on Thursday . The stock traded as low as €106.70 ($117.25) and last traded at €106.70 ($117.25). Approximately 236,963 shares traded hands during mid-day trading, The stock had previously closed at €109.80 ($120.66).

Symrise Stock Down 2.8 %

The company has a debt-to-equity ratio of 66.93, a current ratio of 2.96 and a quick ratio of 1.39. The business’s 50 day moving average price is €118.41 and its 200 day moving average price is €112.87. The firm has a market cap of $14.91 billion, a PE ratio of 37.84, a PEG ratio of 2.00 and a beta of 0.49.

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.