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Citigroup Upgrades Symrise (OTCMKTS:SYIEY) to "Strong-Buy"

Symrise logo with Basic Materials background

Citigroup upgraded shares of Symrise (OTCMKTS:SYIEY - Free Report) from a hold rating to a strong-buy rating in a research report sent to investors on Monday morning,Zacks.com reports.

Symrise Price Performance

Shares of OTCMKTS:SYIEY traded up $0.05 during trading on Monday, hitting $27.09. 48,108 shares of the company's stock were exchanged, compared to its average volume of 110,112. The company has a quick ratio of 1.64, a current ratio of 2.97 and a debt-to-equity ratio of 0.61. The firm has a 50-day moving average price of $25.68 and a two-hundred day moving average price of $27.07. Symrise has a 1-year low of $23.96 and a 1-year high of $34.58.

Symrise Company Profile

(Get Free Report)

Symrise AG supplies fragrances, flavorings, cosmetic active ingredients and raw materials, and functional ingredients in Europe, Africa, the Middle East, North America, the Asia Pacific, and Latin America. It operates through two segments, Taste, Nutrition & Health; and Scent & Care. The Taste, Nutrition & Health segment provides functional ingredients and product solutions used in the production of food and beverages; savory flavors; natural and sustainable ingredients for food and beverage manufacturers, baby food, and dietary supplements; product solutions and services for pet food manufacturers; sustainable ingredients and services for fish feed manufacturers to develop solutions for fish and shrimp farms; and probiotics for food supplements and functional foods.

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