Givaudan (OTCMKTS:GVDNY) Stock Price Crosses Above 50 Day Moving Average - Here's Why

Givaudan SA (OTCMKTS:GVDNY - Get Free Report)'s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $88.96 and traded as high as $94.65. Givaudan shares last traded at $92.87, with a volume of 18,694 shares traded.

Analysts Set New Price Targets

Separately, Berenberg Bank raised shares of Givaudan from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 14th.

Givaudan Trading Up 0.8 %

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 has a 50-day moving average of $89.16 and a 200-day moving average of $89.70.

Givaudan Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 25th were paid a $1.5503 dividend. This is a positive change from Givaudan's previous dividend of $0.97. The ex-dividend date of this dividend was Tuesday, March 25th.

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.