Symphony Environmental Technologies (LON:SYM) Stock Crosses Below 200-Day Moving Average – Here’s Why

Shares of Symphony Environmental Technologies plc (LON:SYM – Get Free Report) passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of GBX 7.62 and traded as low as GBX 6.44. Symphony Environmental Technologies shares last traded at GBX 6.50, with a volume of 200,045 shares traded.

Symphony Environmental Technologies Price Performance

The stock has a market capitalization of £15.35 million, a PE ratio of -7.73 and a beta of 0.76. The business has a fifty day moving average price of GBX 7.63 and a 200-day moving average price of GBX 7.62. The company has a current ratio of 0.78, a quick ratio of 1.01 and a debt-to-equity ratio of -492.94.

Symphony Environmental Technologies (LON:SYM – Get Free Report) last announced its quarterly earnings data on Wednesday, September 16th. The company reported GBX 0.02 earnings per share for the quarter. Symphony Environmental Technologies had a negative net margin of 30.19% and a positive return on equity of 248.81%. Research analysts expect that Symphony Environmental Technologies plc will post 0.64 EPS for the current fiscal year.

About Symphony Environmental Technologies

(Get Free Report)

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.

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