Symphony Environmental Technologies (LON:SYM) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

Shares of Symphony Environmental Technologies plc (LON:SYMGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3.20 ($0.04) and traded as low as GBX 2.58 ($0.03). Symphony Environmental Technologies shares last traded at GBX 2.85 ($0.04), with a volume of 155,029 shares trading hands.

Symphony Environmental Technologies Trading Down 8.4 %

The company has a quick ratio of 1.01, a current ratio of 1.34 and a debt-to-equity ratio of 554.64. The firm has a 50 day moving average price of GBX 2.96 and a 200 day moving average price of GBX 3.19. The stock has a market capitalization of £5.67 million, a PE ratio of -2.62 and a beta of 0.01.

Symphony Environmental Technologies Company Profile

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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.

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