Symphony Environmental Technologies ( (GB:SYM) ) has issued an update.
Symphony Environmental Technologies has raised £2.5 million through an equity subscription with Quantum Leap Capital, marking a strategic move to enhance its market presence. The funds will be used for working capital and market development, particularly in the Middle East, where Symphony plans to market its products, execute a media campaign, and lobby for supportive legislation.
More about Symphony Environmental Technologies
Symphony Environmental Technologies Plc is a global specialist in making plastic and rubber products smarter, safer, and sustainable. The company has developed technologies such as d2w, d2p, and NbR, which address issues like microplastics, bacterial protection, and reducing fossil-derived plastic use. Symphony operates internationally with over 70 distributors and its products are available in nearly 100 countries.
Average Trading Volume: 171,756
Technical Sentiment Signal: Hold
Current Market Cap: £7.32M
For a thorough assessment of SYM stock, go to TipRanks’ Stock Analysis page.