Symrise (ETR:SY1) Trading 1% Higher – Time to Buy?

Symrise AG (ETR:SY1)’s share price traded up 1% during mid-day trading on Wednesday . The company traded as high as €76.26 and last traded at €76.22. 429,563 shares changed hands during trading, The stock had previously closed at €75.48.

Symrise Trading Up 2.5%

The company has a debt-to-equity ratio of 70.23, a quick ratio of 1.39 and a current ratio of 2.52. The company has a 50 day simple moving average of €73.70 and a two-hundred day simple moving average of €72.23. The firm has a market cap of $11.07 billion, a PE ratio of 28.27, a P/E/G ratio of 2.00 and a beta of 0.56.

Symrise Company Profile

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.