Symphony Environmental Technologies (LON:SYM) Releases Quarterly Earnings Results

Symphony Environmental Technologies (LON:SYM) issued its quarterly earnings results on Wednesday. The company reported GBX (1.08) EPS for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 573 million during the quarter. Symphony Environmental Technologies had a negative net margin of 21.47% and a negative return on equity of 327.48%.

Symphony Environmental Technologies Stock Up 5.5%

Shares of Symphony Environmental Technologies stock opened at GBX 8.70 on Wednesday. The business’s 50 day simple moving average is GBX 7.56 and its 200 day simple moving average is GBX 7.74. The company has a debt-to-equity ratio of 232.89, a quick ratio of 1.01 and a current ratio of 1.07. The firm has a market cap of £20.56 million, a PE ratio of -15.00 and a beta of 0.81. Symphony Environmental Technologies has a 52-week low of GBX 5.50 and a 52-week high of GBX 14.

Symphony Environmental Technologies Company Profile

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.