Symrise (ETR:SY1) Trading 0.3% Higher – Time to Buy?

Symrise AG (ETR:SY1)’s stock price shot up 0.3% on Friday . The stock traded as high as €99.18 ($101.20) and last traded at €98.98 ($101.00). 176,037 shares changed hands during trading, The stock had previously closed at €98.72 ($100.73).

Symrise Stock Down 0.3 %

The firm has a market capitalization of $13.79 billion, a PE ratio of 34.99, a price-to-earnings-growth ratio of 2.00 and a beta of 0.49. The company has a quick ratio of 1.39, a current ratio of 2.96 and a debt-to-equity ratio of 66.93. The business’s 50-day moving average price is €103.62 and its 200-day moving average price is €111.88.

About Symrise

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.