Givaudan (OTCMKTS:GVDNY) Stock Passes Above Fifty Day Moving Average – Time to Sell?

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.

Analysts Set New Price Targets

GVDNY has been the topic of a number of research reports. Barclays lowered Givaudan from a “hold” rating to a “strong sell” rating in a report on Friday, November 15th. Berenberg Bank upgraded Givaudan from a “hold” rating to a “strong-buy” rating in a report on Friday, February 14th.

Read Our Latest Stock Report on GVDNY

Givaudan Stock Performance

The business has a fifty day moving average price of $86.93 and a 200 day moving average price of $93.91. The company has a quick ratio of 0.94, a current ratio of 1.43 and a debt-to-equity ratio of 0.99.

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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