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Givaudan (OTCMKTS:GVDNY) Stock Price Passes Above 50 Day Moving Average - What's Next?

Givaudan logo with Basic Materials background

Givaudan SA (OTCMKTS:GVDNY - Get Free Report)'s stock price passed 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

A number of analysts have weighed in on GVDNY shares. Barclays cut shares of Givaudan from a "hold" rating to a "strong sell" rating in a report on Friday, November 15th. Citigroup cut shares of Givaudan from a "buy" rating to a "neutral" rating in a report on Thursday, October 17th.

Check Out Our Latest Analysis on GVDNY

Givaudan Price Performance

The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.94 and a current ratio of 1.43. The company's 50-day moving average price is $87.47 and its two-hundred day moving average price is $95.37.

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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