Symphony Environmental Technologies (LON:SYM) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Symphony Environmental Technologies plc (LON:SYM)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 9.42 and traded as low as GBX 7.02. Symphony Environmental Technologies shares last traded at GBX 7.02, with a volume of 492 shares.

Symphony Environmental Technologies Price Performance

The firm has a 50-day simple moving average of GBX 8.14 and a 200-day simple moving average of GBX 9.43. The firm has a market cap of £16.59 million, a P/E ratio of -12.10 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 (LON:SYM) last released its quarterly earnings results on Tuesday, September 30th. The company reported GBX (0.22) EPS for the quarter. Symphony Environmental Technologies had a positive return on equity of 32,616.67% and a negative net margin of 31.49%. As a group, analysts forecast that Symphony Environmental Technologies plc will post 0.6380089 EPS for the current year.

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.