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

Symphony Environmental Technologies (LON:SYM) released its quarterly earnings data on Wednesday. The company reported GBX 0.02 earnings per share (EPS) 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 Up 6.7%

Shares of SYM stock traded up GBX 0.50 during mid-day trading on Wednesday, hitting GBX 8. The company’s stock had a trading volume of 53,480 shares, compared to its average volume of 92,900. Symphony Environmental Technologies has a 52-week low of GBX 5.50 and a 52-week high of GBX 10. The business has a 50-day moving average price of GBX 7.97 and a 200 day moving average price of GBX 7.61. The company has a debt-to-equity ratio of -442.68, a quick ratio of 1.01 and a current ratio of 0.75. The stock has a market cap of £18.91 million, a price-to-earnings ratio of -7.41 and a beta of 0.76.

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.