Givaudan (OTCMKTS:GVDNY) Stock Passes Above 50 Day Moving Average – What’s Next?

Shares of Givaudan SA (OTCMKTS:GVDNYGet Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $86.93 and traded as high as $87.42. Givaudan shares last traded at $87.10, with a volume of 13,790 shares changing hands.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on GVDNY shares. Berenberg Bank upgraded shares of Givaudan from a “hold” rating to a “strong-buy” rating in a report on Friday, February 14th. Barclays lowered shares of Givaudan from a “hold” rating to a “strong sell” rating in a report on Friday, November 15th.

Check Out Our Latest Research Report on GVDNY

Givaudan Trading Up 0.5 %

The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.94 and a current ratio of 1.43. The firm has a fifty day moving average price of $86.93 and a two-hundred day moving average price of $93.90.

Givaudan Company Profile

(Get Free Report)

Givaudan SA manufactures, supplies, and sells fragrance, beauty, taste, and wellbeing products to the consumer goods industry. The company operates through divisions, Fragrance & Beauty, and Taste & Wellbeing. The Fragrance & Beauty division offers fine fragrances; consumer products, such as personal, home, fabric, and oral care; fragrance ingredients; and active beauty products.

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