Symphony Environmental Technologies (LON:SYM) Announces Quarterly Earnings Results

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

Symphony Environmental Technologies Trading Up 3.4%

Shares of SYM stock opened at GBX 9 on Thursday. Symphony Environmental Technologies has a fifty-two week low of GBX 5.50 and a fifty-two week high of GBX 14. The company has a 50 day moving average price of GBX 7.61 and a 200 day moving average price of GBX 7.75. The stock has a market capitalization of £21.27 million, a P/E ratio of -15.52 and a beta of 0.81. The company has a debt-to-equity ratio of 232.89, a quick ratio of 1.01 and a current ratio of 1.07.

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.