Symphony Environmental Technologies (LON:SYM) Shares Down 13.8%

Shares of Symphony Environmental Technologies plc (LON:SYM) dropped 13.8% on Tuesday . The stock traded as low as GBX 2.76 ($0.04) and last traded at GBX 2.76 ($0.04). Approximately 196,666 shares changed hands during trading, a decline of 21% from the average daily volume of 249,172 shares. The stock had previously closed at GBX 3.20 ($0.04).

Symphony Environmental Technologies Trading Down 13.8 %

The business’s 50-day simple moving average is GBX 2.59 and its two-hundred day simple moving average is GBX 2.78. The firm has a market capitalization of £6.21 million, a price-to-earnings ratio of -320.00 and a beta of 0.01. The company has a quick ratio of 1.01, a current ratio of 1.34 and a debt-to-equity ratio of 563.66.

About Symphony Environmental Technologies

Symphony Environmental Technologies plc, together with its subsidiaries, engages in the development and supply of environmental plastic additives and masterbatches in the United Kingdom, rest of Europe, North America, Central and South America, the Middle East, and Asia. The company offers d2w, an oxo-biodegradable plastic; and d2p, a suite of masterbatches, which provides protection to plastic products from bacteria, insects, fungi, algae, odour, fouling, and fire.