Symrise (ETR:SY1) Shares Down 1.2% – Here’s Why

Symrise AG (ETR:SY1)’s stock price traded down 1.2% during trading on Wednesday . The stock traded as low as €87.14 and last traded at €87.62. 243,450 shares traded hands during mid-day trading, The stock had previously closed at €88.64.

Symrise Stock Performance

The stock has a fifty day moving average price of €83.58 and a two-hundred day moving average price of €76.88. The company has a market cap of $12.21 billion, a P/E ratio of 31.17, a PEG ratio of 2.00 and a beta of 0.58. The company has a debt-to-equity ratio of 70.23, a current ratio of 2.52 and a quick ratio of 1.39.

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.