Symphony Environmental Technologies (LON:SYM) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Symphony Environmental Technologies plc (LON:SYM) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 8.46 ($0.11) and traded as low as GBX 7.26 ($0.10). Symphony Environmental Technologies shares last traded at GBX 7.26 ($0.10), with a volume of 382,961 shares changing hands.

Symphony Environmental Technologies Trading Up 5.3%

The company has a debt-to-equity ratio of 554.64, a current ratio of 1.34 and a quick ratio of 1.01. The business’s 50-day moving average price is GBX 8.73 and its two-hundred day moving average price is GBX 8.46. The company has a market capitalization of £18.67 million, a price-to-earnings ratio of -13.62 and a beta of 0.01.

Symphony Environmental Technologies (LON:SYM) last issued its quarterly earnings results on Tuesday, September 30th. The company reported GBX (0.22) earnings per share (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%. Research analysts predict that Symphony Environmental Technologies plc will post 0.6380089 earnings per share 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.