Symphony Environmental Technologies (LON:SYM) Posts Earnings Results

Symphony Environmental Technologies (LON:SYM) posted its quarterly earnings results on Wednesday. The company reported GBX (1.08) earnings per share (EPS) for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 573 million for the quarter. Symphony Environmental Technologies had a negative return on equity of 327.48% and a negative net margin of 21.47%.

Symphony Environmental Technologies Stock Up 5.5%

Shares of SYM opened at GBX 8.70 on Wednesday. The firm has a 50 day simple moving average of GBX 7.56 and a two-hundred day simple moving average of GBX 7.74. The company has a debt-to-equity ratio of 232.89, a current ratio of 1.07 and a quick ratio of 1.01. Symphony Environmental Technologies has a one year low of GBX 5.50 and a one year high of GBX 14. The company has a market cap of £20.56 million, a P/E ratio of -15.00 and a beta of 0.81.

About Symphony Environmental Technologies

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.