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Symrise (OTCMKTS:SYIEY) Stock Crosses Above 50-Day Moving Average - Should You Sell?

Symrise logo with Basic Materials background

Symrise AG (OTCMKTS:SYIEY - Get Free Report) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $26.23 and traded as high as $29.65. Symrise shares last traded at $29.49, with a volume of 41,826 shares trading hands.

Analysts Set New Price Targets

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

Read Our Latest Research Report on SYIEY

Symrise Trading Up 1.0%

The company has a fifty day moving average price of $26.53 and a two-hundred day moving average price of $26.63. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.64 and a current ratio of 2.97.

Symrise Company Profile

(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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