Symphony Environmental Technologies (LON:SYM) Share Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Symphony Environmental Technologies plc (LON:SYM)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 9.42 and traded as low as GBX 7.02. Symphony Environmental Technologies shares last traded at GBX 7.02, with a volume of 492 shares changing hands.

Symphony Environmental Technologies Price Performance

The stock has a fifty day moving average price of GBX 8.14 and a 200-day moving average price of GBX 9.42. The company has a debt-to-equity ratio of 554.64, a quick ratio of 1.01 and a current ratio of 1.34. The firm has a market capitalization of £16.59 million, a PE ratio of -12.10 and a beta of 0.01.

Symphony Environmental Technologies (LON:SYM) last announced its earnings results on Tuesday, September 30th. The company reported GBX (0.22) earnings per share for the quarter. Symphony Environmental Technologies had a negative net margin of 31.49% and a positive return on equity of 32,616.67%. Sell-side analysts forecast that Symphony Environmental Technologies plc will post 0.6380089 EPS for the current fiscal 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.