Givaudan SA (OTCMKTS:GVDNY - Get Free Report) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 700 shares, an increase of 16.7% from the February 13th total of 600 shares. Based on an average trading volume of 34,700 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company's shares are short sold.
Givaudan Stock Performance
Shares of GVDNY stock traded down $2.95 during trading hours on Friday, reaching $88.45. 9,011 shares of the company traded hands, compared to its average volume of 30,226. Givaudan has a 12-month low of $83.36 and a 12-month high of $110.32. The firm has a 50-day moving average price of $88.07 and a 200 day moving average price of $92.65. 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 Increases Dividend
The company also recently disclosed a dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 25th will be given a dividend of $1.5503 per share. This is a boost from Givaudan's previous dividend of $0.97. The ex-dividend date is Tuesday, March 25th.
Analysts Set New Price Targets
Separately, Berenberg Bank raised Givaudan from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 14th.
Get Our Latest Analysis on GVDNY
Givaudan Company Profile
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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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