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Symrise AG (OTCMKTS:SYIEY) Short Interest Up 683.3% in February

kopsource ·  Feb 28, 2023 17:42

Symrise AG (OTCMKTS:SYIEY – Get Rating) was the recipient of a large growth in short interest in February. As of February 15th, there was short interest totalling 4,700 shares, a growth of 683.3% from the January 31st total of 600 shares. Based on an average daily trading volume, of 124,500 shares, the days-to-cover ratio is presently 0.0 days.

Symrise Stock Performance

SYIEY traded down $0.43 during trading on Tuesday, reaching $25.52. The company's stock had a trading volume of 33,963 shares, compared to its average volume of 74,699. The company has a current ratio of 2.59, a quick ratio of 1.53 and a debt-to-equity ratio of 0.65. The firm has a fifty day simple moving average of $26.94 and a two-hundred day simple moving average of $26.53. Symrise has a 1 year low of $22.20 and a 1 year high of $31.37.

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Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. JPMorgan Chase & Co. raised their price target on shares of Symrise from €107.00 ($113.83) to €110.00 ($117.02) in a research note on Monday, December 5th. The Goldman Sachs Group lowered shares of Symrise from a "buy" rating to a "neutral" rating in a research note on Sunday, November 27th. Finally, Berenberg Bank raised shares of Symrise from a "hold" rating to a "buy" rating in a research note on Thursday, January 19th.

Symrise Company Profile

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Symrise AG is a global supplier of fragrances, flavorings, cosmetic active ingredients and raw materials, as well as functional ingredients. It operates through the following three segments: Scent & Care, Flavor and Nutrition. The Scent and Care segment develops, produces and sells fragrances, cosmetic ingredients, aroma molecules and mint aromas.

Further Reading

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