Symphony Environmental Technologies (LON:SYM) Issues Quarterly Earnings Results

Symphony Environmental Technologies (LON:SYM) issued its earnings results on Wednesday. The company reported GBX 0.02 earnings per share for the quarter, Digital Look Earnings reports. Symphony Environmental Technologies had a negative return on equity of 1,282.78% and a negative net margin of 43.53%.

Symphony Environmental Technologies Stock Down 6.7%

Shares of Symphony Environmental Technologies stock traded down GBX 0.50 on Thursday, reaching GBX 7. The stock had a trading volume of 6,954 shares, compared to its average volume of 92,420. Symphony Environmental Technologies has a 1 year low of GBX 5.50 and a 1 year high of GBX 10. The company has a 50 day moving average price of GBX 7.98 and a 200 day moving average price of GBX 7.61. The company has a quick ratio of 1.01, a current ratio of 0.75 and a debt-to-equity ratio of -442.68. The stock has a market capitalization of £16.55 million, a P/E ratio of -6.48 and a beta of 0.76.

About Symphony Environmental Technologies

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.