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

Symphony Environmental Technologies (LON:SYM) released 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 net margin of 43.53% and a negative return on equity of 1,282.78%.

Symphony Environmental Technologies Price Performance

Shares of SYM stock traded up GBX 0.50 on Wednesday, reaching GBX 8. The company’s stock had a trading volume of 53,480 shares, compared to its average volume of 92,900. The stock’s fifty day simple moving average is GBX 7.97 and its 200-day simple moving average is GBX 7.61. Symphony Environmental Technologies has a 1 year low of GBX 5.50 and a 1 year high of GBX 10. The company has a market capitalization of £18.91 million, a price-to-earnings ratio of -7.41 and a beta of 0.76. The company has a current ratio of 0.75, a quick ratio of 1.01 and a debt-to-equity ratio of -442.68.

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.