Symphony Environmental Technologies (LON:SYM) Sets New 1-Year Low – Here’s Why

Symphony Environmental Technologies plc (LON:SYM) shares hit a new 52-week low during mid-day trading on Thursday. The stock traded as low as GBX 0.32 and last traded at GBX 7, with a volume of 599 shares traded. The stock had previously closed at GBX 7.

Symphony Environmental Technologies Price Performance

The company has a quick ratio of 1.01, a current ratio of 0.78 and a debt-to-equity ratio of -492.94. The business’s 50-day simple moving average is GBX 6.97 and its 200 day simple moving average is GBX 7.50. The firm has a market capitalization of £16.55 million, a P/E ratio of -8.33 and a beta of 0.76.

Symphony Environmental Technologies (LON:SYM) last posted its quarterly earnings results on Wednesday, September 16th. The company reported GBX 0.02 EPS for the quarter. Symphony Environmental Technologies had a negative net margin of 30.19% and a positive return on equity of 248.81%. Sell-side analysts forecast that Symphony Environmental Technologies plc will post 0.64 earnings per share for the current year.

Symphony Environmental Technologies Company Profile

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.