Givaudan SA (OTCMKTS:GVDNY) Short Interest Update

Givaudan SA (OTCMKTS:GVDNY) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 11,169 shares, a decrease of 87.0% from the May 14th total of 86,247 shares. Based on an average trading volume of 71,025 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Givaudan Stock Performance

Shares of Givaudan stock opened at $79.22 on Wednesday. Givaudan has a twelve month low of $65.97 and a twelve month high of $102.85. The company’s fifty day moving average is $71.47 and its 200 day moving average is $75.68. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.74 and a quick ratio of 1.13.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on GVDNY. Deutsche Bank Aktiengesellschaft upgraded Givaudan from a “hold” rating to a “buy” rating in a research report on Tuesday. The Goldman Sachs Group raised Givaudan from a “sell” rating to a “buy” rating in a research note on Monday. Barclays cut Givaudan from a “strong-buy” rating to a “hold” rating in a report on Friday, March 27th. Berenberg Bank downgraded Givaudan from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 31st. Finally, Kepler Capital Markets lowered shares of Givaudan from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Three investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Givaudan Company Profile

Givaudan is a Swiss-based global company that develops, manufactures and supplies flavors, fragrances and active cosmetic ingredients for a broad range of consumer products. The company’s core activities are organized around creating taste and scent solutions—ranging from fine fragrances and consumer-packaged goods scents to flavor systems for food and beverages and functional ingredients for personal care. Givaudan works with brand owners and manufacturers to design sensory experiences, improve product performance and meet formulation or regulatory requirements.

Its product and service offerings include bespoke fragrance creation, flavor formulation, natural ingredient sourcing, aroma chemicals, taste modulators and application support such as prototyping and sensory testing.