Symrise (ETR:SY1) Stock Price Up 1.7% – Should You Buy?

Shares of Symrise AG (ETR:SY1) traded up 1.7% during mid-day trading on Friday . The stock traded as high as €97.32 ($101.38) and last traded at €97.28 ($101.33). 329,080 shares traded hands during trading, The stock had previously closed at €95.68 ($99.67).

Symrise Stock Performance

The company has a quick ratio of 1.39, a current ratio of 2.97 and a debt-to-equity ratio of 67.90. The stock has a market capitalization of $13.98 billion, a price-to-earnings ratio of 35.70, a price-to-earnings-growth ratio of 2.00 and a beta of 0.49. The stock’s 50-day simple moving average is €99.81 and its 200 day simple moving average is €108.65.

Symrise Company Profile

Symrise AG supplies fragrances, flavorings, cosmetic active ingredients and raw materials, and functional ingredients in Europe, Africa, the Middle East, North America, the Asia Pacific, and Latin America. It operates through two segments, Taste, Nutrition & Health; and Scent & Care. The Taste, Nutrition & Health segment provides functional ingredients and product 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 fish feed manufacturers to develop solutions for fish and shrimp farms; and probiotics for food supplements and functional foods.