Symphony Environmental Technologies (LON:SYM) Shares Pass Below 200 Day Moving Average – What’s Next?

Symphony Environmental Technologies plc (LON:SYMGet Free Report)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 9.30 and traded as low as GBX 8. Symphony Environmental Technologies shares last traded at GBX 8, with a volume of 75,000 shares traded.

Symphony Environmental Technologies Stock Up 6.7%

The firm has a 50 day moving average of GBX 8.69 and a two-hundred day moving average of GBX 9.27. The stock has a market capitalization of £20.80 million, a PE ratio of -15.17 and a beta of 0.01. The company has a current ratio of 1.34, a quick ratio of 1.01 and a debt-to-equity ratio of 554.64.

About Symphony Environmental Technologies

(Get Free Report)

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. Much faster than ordinary plastic so that it does not cause long term harm in the environment.

Our protective technologies provide cost-effective protection to products and surfaces in applications as diverse as food packaging and processing to flame retardants, insecticides and pest control.

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