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Symrise (ETR:SY1) Trading Up 2% - Time to Buy?

Symrise logo with Basic Materials background

Shares of Symrise AG (ETR:SY1 - Get Free Report) traded up 2% on Wednesday . The company traded as high as €91.04 ($107.11) and last traded at €90.96 ($107.01). 528,967 shares were traded during mid-day trading, The stock had previously closed at €89.14 ($104.87).

Symrise Price Performance

The company has a debt-to-equity ratio of 67.90, a quick ratio of 1.39 and a current ratio of 2.97. The firm has a market capitalization of $13.07 billion, a P/E ratio of 33.37, a price-to-earnings-growth ratio of 2.00 and a beta of 0.49. The business has a fifty day moving average of €101.13 and a 200-day moving average of €98.68.

About Symrise

(Get Free Report)

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.

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