Zacks Research cut shares of Syensqo (OTCMKTS:SHBBF – Free Report) from a strong-buy rating to a hold rating in a research note released on Wednesday,Zacks reports.
Syensqo Stock Up 0.1%
SHBBF opened at $87.56 on Wednesday. Syensqo has a 52 week low of $48.08 and a 52 week high of $98.20. The business’s 50 day moving average is $90.22 and its two-hundred day moving average is $79.37.
Syensqo (OTCMKTS:SHBBF – Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The company reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.03. Sell-side analysts forecast that Syensqo will post 3.93 EPS for the current year.
Syensqo Company Profile
Syensqo is a global specialty chemicals and advanced materials company serving customers in industries such as aerospace, automotive, healthcare, electronics, consumer goods, and energy. Its portfolio includes high-performance polymers, composite materials, specialty adhesives, surfactants, and other formulated chemical solutions designed for demanding industrial and consumer applications.
The company develops materials that can support lightweighting, thermal and chemical resistance, durability, and improved resource efficiency.
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