Givaudan (OTCMKTS:GVDNY) Share Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Givaudan SA (OTCMKTS:GVDNY)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $87.47 and traded as high as $87.75. Givaudan shares last traded at $87.63, with a volume of 37,295 shares traded.

Analyst Upgrades and Downgrades

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

Givaudan Trading Up 1.9 %

The company has a quick ratio of 0.94, a current ratio of 1.43 and a debt-to-equity ratio of 0.99. The firm has a 50 day simple moving average of $87.47 and a two-hundred day simple moving average of $95.37.

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.