Symphony Environmental Technologies (LON:SYM) Stock Passes Above Fifty Day Moving Average – Here’s What Happened

Symphony Environmental Technologies plc (LON:SYM)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 7.14 and traded as high as GBX 7.50. Symphony Environmental Technologies shares last traded at GBX 6.25, with a volume of 141,845 shares.

Symphony Environmental Technologies Trading Down 0.2%

The company has a 50-day moving average price of GBX 7.15 and a 200-day moving average price of GBX 7.76. The firm has a market capitalization of £14.21 million, a price-to-earnings ratio of -10.36 and a beta of 0.58. The company has a debt-to-equity ratio of 232.89, a quick ratio of 1.01 and a current ratio of 1.07.

Insider Activity

In other news, insider Michael Laurier sold 325,525 shares of the company’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of GBX 6, for a total transaction of £19,531.50. Corporate insiders own 18.77% of the company’s stock.

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.