Givaudan SA (OTCMKTS:GVDNY) Short Interest Update

Givaudan SA (OTCMKTS:GVDNY) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 8,700 shares, a growth of 135.1% from the December 15th total of 3,700 shares. Based on an average daily trading volume, of 81,500 shares, the short-interest ratio is presently 0.1 days.

Givaudan Stock Down 0.7 %

Shares of Givaudan stock traded down $0.58 on Tuesday, hitting $84.26. The stock had a trading volume of 49,571 shares, compared to its average volume of 42,608. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.43 and a quick ratio of 0.94. Givaudan has a twelve month low of $75.55 and a twelve month high of $110.32. The business’s 50 day moving average is $88.00 and its two-hundred day moving average is $95.77.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on GVDNY. Citigroup downgraded Givaudan from a “buy” rating to a “neutral” rating in a report on Thursday, October 17th. Barclays downgraded shares of Givaudan from a “hold” rating to a “strong sell” rating in a report on Friday, November 15th.

Givaudan Company Profile

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.