Symphony Environmental Technologies (LON:SYM) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Symphony Environmental Technologies plc (LON:SYMGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 3.20 ($0.04) and traded as low as GBX 2.58 ($0.03). Symphony Environmental Technologies shares last traded at GBX 2.85 ($0.04), with a volume of 155,029 shares trading hands.

Symphony Environmental Technologies Stock Performance

The company’s 50-day simple moving average is GBX 2.96 and its 200 day simple moving average is GBX 3.19. The stock has a market cap of £5.67 million, a P/E ratio of -2.62 and a beta of 0.01. The company has a current ratio of 1.34, a quick ratio of 1.01 and a debt-to-equity ratio of 554.64.

Symphony Environmental Technologies Company Profile

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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.

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