Symrise (ETR:SY1) Shares Down 1.9% – Should You Sell?

Symrise AG (ETR:SY1) dropped 1.9% during trading on Thursday. The stock traded as low as €91.76 and last traded at €91.76. Approximately 324,498 shares traded hands during trading, The stock had previously closed at €93.50.

Symrise Stock Performance

The stock has a market capitalization of $13.09 billion, a P/E ratio of 33.42, a P/E/G ratio of 2.00 and a beta of 0.58. The stock has a 50 day simple moving average of €90.38 and a two-hundred day simple moving average of €83.00. The company has a quick ratio of 1.39, a current ratio of 2.98 and a debt-to-equity ratio of 60.98.

Symrise Company Profile

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.