
Symrise (ETR:SY1) Stock Price Down 1.4% - Should You Sell?

Symrise AG's stock price fell by 1.4% to €94.76 ($104.13) during trading, down from a previous close of €96.10 ($105.60). The company has a market capitalization of $13.52 billion and a P/E ratio of 34.51. Analysts currently rate Symrise as a Hold, but suggest that there are better investment options available. The firm operates in the fragrance and flavoring industry, providing various ingredients and solutions across multiple regions.
Symrise AG (ETR:SY1 - Get Free Report)'s stock price traded down 1.4% during trading on Friday . The company traded as low as €93.76 ($103.03) and last traded at €94.76 ($104.13). 626,291 shares were traded during mid-day trading, The stock had previously closed at €96.10 ($105.60).
Symrise Trading Down 1.4 %
The firm's 50 day simple moving average is €96.44 and its two-hundred day simple moving average is €104.40. The stock has a market capitalization of $13.52 billion, a P/E ratio of 34.51, a P/E/G ratio of 2.00 and a beta of 0.49. The company has a quick ratio of 1.39, a current ratio of 2.97 and a debt-to-equity ratio of 67.90.
About Symrise
(Get Free Report)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.
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