Symphony Environmental Technologies (LON:SYM) Sets New 1-Year Low – Here’s What Happened

Symphony Environmental Technologies plc (LON:SYM)’s share price hit a new 52-week low during trading on Friday. The stock traded as low as GBX 0.32 and last traded at GBX 6, with a volume of 36 shares changing hands. The stock had previously closed at GBX 6.70.

Symphony Environmental Technologies Trading Down 10.4%

The company has a market capitalization of £14.18 million, a PE ratio of -7.14 and a beta of 0.76. The company has a current ratio of 0.78, a quick ratio of 1.01 and a debt-to-equity ratio of -492.94. The stock has a fifty day moving average of GBX 7.04 and a two-hundred day moving average of GBX 7.54.

Symphony Environmental Technologies (LON:SYM) last released its earnings results on Wednesday, September 16th. The company reported GBX 0.02 earnings per share for the quarter. Symphony Environmental Technologies had a positive return on equity of 248.81% and a negative net margin of 30.19%. As a group, sell-side analysts anticipate that Symphony Environmental Technologies plc will post 0.64 earnings per share for the current fiscal year.

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. Much faster than ordinary plastic so that it does not cause long term harm in the environment.

Our protective technologies provide cost-effective protection to products and surfaces in applications as diverse as food packaging and processing to flame retardants, insecticides and pest control.