Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) Short Interest Update

Symrise AG Unsponsored ADR (OTCMKTS:SYIEY) was the target of a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 31,727 shares, a drop of 21.8% from the February 12th total of 40,582 shares. Based on an average daily volume of 183,526 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 183,526 shares, the short-interest ratio is currently 0.2 days.

Symrise Trading Up 0.2%

Shares of OTCMKTS:SYIEY opened at $20.95 on Friday. Symrise has a 12-month low of $19.31 and a 12-month high of $30.58. The business has a 50 day moving average of $21.45 and a 200-day moving average of $21.50. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.83 and a current ratio of 1.49.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Zacks Research downgraded Symrise from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. The Goldman Sachs Group raised Symrise from a “hold” rating to a “buy” rating in a research report on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Symrise in a research note on Monday, November 24th. Finally, Jefferies Financial Group cut Symrise from a “moderate sell” rating to a “strong sell” rating in a research note on Wednesday, March 4th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Symrise Company Profile

Symrise AG is a global supplier of fragrances, flavors, cosmetic active ingredients and raw materials for the food and beverage, personal care and household industries. Headquartered in Holzminden, Germany, the company develops scent and taste solutions that are used in a wide range of consumer products, from perfumes and personal care formulations to soft drinks, confections and savory seasonings.

The company’s core business is organized into two divisions. The Flavors & Nutrition division creates taste concepts, food ingredients and texture solutions that enhance the sensory appeal and nutritional profile of a variety of foods and beverages.