Symphony Environmental Technologies (LON:SYM) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Symphony Environmental Technologies plc (LON:SYM)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3.12 ($0.04) and traded as low as GBX 2.86 ($0.04). Symphony Environmental Technologies shares last traded at GBX 2.86 ($0.04), with a volume of 14,955 shares.

Symphony Environmental Technologies Price Performance

The company has a debt-to-equity ratio of 554.64, a current ratio of 1.34 and a quick ratio of 1.01. The firm’s 50 day moving average is GBX 3.08 and its 200 day moving average is GBX 3.12. The firm has a market cap of £7.26 million, a P/E ratio of -3.36 and a beta of 0.01.

Symphony Environmental Technologies Company Profile

Symphony Environmental is a world leader in the development of plastic additives and masterbatches to enhance plastic products.

Our leading brands are d2w biodegradable plastic technology, developed to make ordinary plastic self-destruct and become biodegradable in the same way as nature’s wastes, if it should escape collection and end up as litter.