Symrise (ETR:SY1) Shares Down 2% – Here’s Why

Symrise AG (ETR:SY1)’s share price was down 2% on Thursday . The stock traded as low as €88.70 and last traded at €88.70. Approximately 250,997 shares were traded during mid-day trading, The stock had previously closed at €90.50.

Symrise Price Performance

The company’s 50-day simple moving average is €89.76 and its 200-day simple moving average is €81.21. The company has a debt-to-equity ratio of 60.98, a current ratio of 2.98 and a quick ratio of 1.39. The stock has a market capitalization of $12.65 billion, a price-to-earnings ratio of 32.31, a P/E/G ratio of 2.00 and a beta of 0.58.

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.