Symrise (ETR:SY1) Stock Price Down 0.4% – Here’s Why

Symrise AG (ETR:SY1)’s share price dropped 0.4% on Tuesday . The stock traded as low as €102.90 ($118.28) and last traded at €103.35 ($118.79). Approximately 183,705 shares changed hands during trading, The stock had previously closed at €103.75 ($119.25).

Symrise Trading Up 0.7%

The stock has a 50-day moving average of €100.10 and a 200 day moving average of €99.34. The stock has a market cap of $14.85 billion, a PE ratio of 37.92, a price-to-earnings-growth ratio of 2.00 and a beta of 0.49. The company has a quick ratio of 1.39, a current ratio of 2.97 and a debt-to-equity ratio of 67.90.

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.