Symrise (ETR:SY1) Trading 1.6% Higher – Here’s Why

Symrise AG (ETR:SY1)’s share price traded up 1.6% during trading on Thursday . The stock traded as high as €88.08 and last traded at €87.56. 280,645 shares changed hands during trading, The stock had previously closed at €86.20.

Symrise Stock Performance

The company has a debt-to-equity ratio of 60.98, a current ratio of 2.98 and a quick ratio of 1.39. The company has a fifty day moving average price of €88.17 and a two-hundred day moving average price of €79.37. The firm has a market cap of $12.49 billion, a price-to-earnings ratio of 31.89, a price-to-earnings-growth ratio of 2.00 and a beta of 0.49.

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.