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Symrise (OTCMKTS:SYIEY) Shares Gap Down - Should You Sell?

Symrise logo with Basic Materials background

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY - Get Free Report)'s stock price gapped down before the market opened on Monday . The stock had previously closed at $27.85, but opened at $26.59. Symrise shares last traded at $26.60, with a volume of 1,028 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Citigroup upgraded Symrise from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 14th.

Check Out Our Latest Analysis on SYIEY

Symrise Price Performance

The business's 50-day moving average price is $28.78 and its 200 day moving average price is $26.83. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.61 and a quick ratio of 0.95.

Symrise Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, June 9th. Shareholders of record on Friday, May 23rd were paid a $0.1762 dividend. This represents a yield of 0.6%. The ex-dividend date of this dividend was Thursday, May 22nd.

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.

See Also

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