Symphony Environmental Technologies (LON:SYM) Trading 7.7% Higher – Should You Buy?

Symphony Environmental Technologies plc (LON:SYM) shares traded up 7.7% during mid-day trading on Monday . The company traded as high as GBX 3.70 ($0.05) and last traded at GBX 3.70 ($0.05). 610,611 shares traded hands during mid-day trading, an increase of 165% from the average session volume of 230,670 shares. The stock had previously closed at GBX 3.44 ($0.04).

Symphony Environmental Technologies Price Performance

The stock’s fifty day moving average price is GBX 3.46 and its 200-day moving average price is GBX 2.92. The company has a debt-to-equity ratio of 563.66, a quick ratio of 1.01 and a current ratio of 1.34. The firm has a market cap of £8.33 million, a PE ratio of -325.00 and a beta of 0.01.

Symphony Environmental Technologies Company Profile

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.