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

Givaudan SA (OTCMKTS:GVDNYGet Free Report) passed 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.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Berenberg Bank raised Givaudan from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 14th. Barclays cut Givaudan from a “hold” rating to a “strong sell” rating in a research note on Friday, November 15th.

Read Our Latest Analysis on Givaudan

Givaudan Trading Up 0.5 %

The company has a 50-day simple moving average of $86.93 and a two-hundred day simple moving average of $93.90. The company has a current ratio of 1.43, a quick ratio of 0.94 and a debt-to-equity ratio of 0.99.

About Givaudan

(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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