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Symrise AG (OTCMKTS:SYIEY) Short Interest Up 1,600.0% in December

kopsource ·  Jan 19, 2023 09:11

Symrise AG (OTCMKTS:SYIEY – Get Rating) was the target of a significant increase in short interest in the month of December. As of December 30th, there was short interest totalling 3,400 shares, an increase of 1,600.0% from the December 15th total of 200 shares. Based on an average daily volume of 117,900 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on SYIEY. Morgan Stanley lowered Symrise from an "equal weight" rating to an "underweight" rating in a research note on Monday, September 26th. Berenberg Bank upgraded Symrise from a "hold" rating to a "buy" rating in a research note on Thursday. The Goldman Sachs Group lowered Symrise from a "buy" rating to a "neutral" rating in a research note on Sunday, November 27th. Finally, JPMorgan Chase & Co. increased their target price on Symrise from €107.00 ($116.30) to €110.00 ($119.57) in a research note on Monday, December 5th.

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Symrise Stock Performance

SYIEY opened at $28.69 on Thursday. Symrise has a 12-month low of $22.20 and a 12-month high of $32.94. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.59 and a quick ratio of 1.53. The business's fifty day simple moving average is $27.96 and its 200-day simple moving average is $26.81.

Symrise Company Profile

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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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