Short Interest in Givaudan SA (OTCMKTS:GVDNY) Increases By 50.0%

Givaudan SA (OTCMKTS:GVDNY) was the recipient of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 600 shares, a growth of 50.0% from the January 31st total of 400 shares. Based on an average daily trading volume, of 57,400 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on GVDNY. Barclays downgraded Givaudan from a “hold” rating to a “strong sell” rating in a research report on Friday, November 15th. Berenberg Bank upgraded Givaudan from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 14th.

Givaudan Price Performance

Shares of GVDNY traded up $2.28 on Tuesday, reaching $92.77. 13,977 shares of the company’s stock were exchanged, compared to its average volume of 31,794. The business has a 50 day moving average price of $87.06 and a two-hundred day moving average price of $93.61. Givaudan has a 12 month low of $83.13 and a 12 month high of $110.32. The company has a current ratio of 1.43, a quick ratio of 0.94 and a debt-to-equity ratio of 0.99.

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.