Symphony Environmental Technologies (LON:SYM) Trading Up 13.3% – What’s Next?

Symphony Environmental Technologies plc (LON:SYM) traded up 13.3% during mid-day trading on Friday . The stock traded as high as GBX 8.50 and last traded at GBX 8.50. 287,399 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 369,006 shares. The stock had previously closed at GBX 7.50.

Symphony Environmental Technologies Stock Up 13.3%

The firm has a market cap of £20.09 million, a price-to-earnings ratio of -14.66 and a beta of 0.01. The stock has a 50-day moving average of GBX 8.15 and a 200-day moving average of GBX 9.41. The company has a current ratio of 1.34, a quick ratio of 1.01 and a debt-to-equity ratio of 554.64.

Symphony Environmental Technologies (LON:SYM) last announced its quarterly earnings results on Tuesday, September 30th. The company reported GBX (0.22) earnings per share (EPS) for the quarter. Symphony Environmental Technologies had a negative net margin of 31.49% and a positive return on equity of 32,616.67%. As a group, sell-side analysts forecast that Symphony Environmental Technologies plc will post 0.6380089 EPS for the current fiscal year.

About Symphony Environmental Technologies

Symphony Environmental is a world leader in the development of plastic additives and masterbatches to enhance plastic products.

Our leading brands are d2w biodegradable plastic technology, developed to make ordinary plastic self-destruct and become biodegradable in the same way as nature’s wastes, if it should escape collection and end up as litter.