Symphony Environmental Technologies (LON:SYM) Reaches New 12-Month Low – Should You Sell?

Symphony Environmental Technologies plc (LON:SYM)’s share price hit a new 52-week low during mid-day trading on Friday. The stock traded as low as GBX 0.32 and last traded at GBX 6, with a volume of 36 shares. The stock had previously closed at GBX 6.70.

Symphony Environmental Technologies Price Performance

The company has a current ratio of 0.78, a quick ratio of 1.01 and a debt-to-equity ratio of -492.94. The stock has a 50-day simple moving average of GBX 7.07 and a 200 day simple moving average of GBX 7.55. The stock has a market capitalization of £14.18 million, a price-to-earnings ratio of -7.14 and a beta of 0.76.

Symphony Environmental Technologies (LON:SYM) last issued its earnings results on Wednesday, September 16th. The company reported GBX 0.02 earnings per share for the quarter. Symphony Environmental Technologies had a positive return on equity of 248.81% and a negative net margin of 30.19%. On average, equities research analysts forecast that Symphony Environmental Technologies plc will post 0.64 EPS for the current fiscal year.

Symphony Environmental Technologies Company Profile

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.