Symrise AG (OTCMKTS:SYIEY – Get Rating) was the recipient of a large decrease in short interest in August. As of August 15th, there was short interest totalling 1,900 shares, a decrease of 94.0% from the July 31st total of 31,900 shares. Based on an average daily trading volume, of 140,500 shares, the days-to-cover ratio is presently 0.0 days.

Symrise Stock Up 0.4 %

Symrise stock traded up $0.12 during midday trading on Thursday, reaching $27.92. The stock had a trading volume of 51,439 shares, compared to its average volume of 98,147. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.17 and a current ratio of 2.04. Symrise has a 52-week low of $24.63 and a 52-week high of $37.21. The company has a fifty day moving average of $27.66 and a 200 day moving average of $28.18.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank decreased their target price on shares of Symrise from €119.00 ($121.43) to €114.00 ($116.33) and set a "hold" rating on the stock in a research report on Tuesday, July 19th. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $115.25.

About Symrise

Symrise AG supplies fragrances, flavorings, cosmetic active ingredients and raw materials, and functional ingredients. It operates through two segments, Taste, Nutrition & Health, and Scent & Care. The Taste, Nutrition & Health segment provides functional ingredients and flavor 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 aqua feed manufacturers to develop solutions for fish and shrimp farms; and probiotics for food supplements and functional foods.

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