Insider Selling: Symphony Environmental Technologies (LON:SYM) Insider Sells 325,525 Shares of Stock

Key Points

  • Insider sale: Michael Laurier sold 325,525 shares on March 18 at an average price of GBX 6, for a total of £19,531.50.
  • Shares opened at GBX 6.33 and were trading up about 3.3%; the company has a market cap of £14.95M, a negative P/E of -10.91, a 1‑year range of GBX 2.50–14, and a high leverage with debt-to-equity 232.89.
  • Symphony Environmental Technologies develops plastic additives and masterbatches, notably the d2w biodegradable plastic technology and protective treatments for packaging and other applications.

Symphony Environmental Technologies plc (LON:SYM - Get Free Report) insider Michael Laurier sold 325,525 shares of the business's stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of GBX 6, for a total value of £19,531.50.

Symphony Environmental Technologies Trading Up 3.3%

Shares of SYM opened at GBX 6.33 on Tuesday. The company has a debt-to-equity ratio of 232.89, a current ratio of 1.07 and a quick ratio of 1.01. Symphony Environmental Technologies plc has a 1 year low of GBX 2.50 and a 1 year high of GBX 14. The company has a 50 day simple moving average of GBX 7.89 and a two-hundred day simple moving average of GBX 8.21. The firm has a market cap of £14.95 million, a P/E ratio of -10.91 and a beta of 0.58.

About Symphony Environmental Technologies

(Get Free Report)

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.

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