Givaudan (OTCMKTS:GVDNY) Hits New 1-Year Low – Here’s Why

Givaudan SA (OTCMKTS:GVDNY) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $66.54 and last traded at $66.82, with a volume of 10407 shares traded. The stock had previously closed at $68.8150.

Analyst Ratings Changes

GVDNY has been the subject of several recent research reports. Citigroup reiterated a “neutral” rating on shares of Givaudan in a research report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Givaudan in a report on Friday, January 30th. Finally, The Goldman Sachs Group downgraded shares of Givaudan from a “strong-buy” rating to a “sell” rating in a research note on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Givaudan Trading Up 0.8%

The company has a quick ratio of 1.13, a current ratio of 1.74 and a debt-to-equity ratio of 0.92. The company has a 50 day moving average of $76.54 and a 200-day moving average of $80.49.

Givaudan Company Profile

Givaudan is a Swiss-based global company that develops, manufactures and supplies flavors, fragrances and active cosmetic ingredients for a broad range of consumer products. The company’s core activities are organized around creating taste and scent solutions—ranging from fine fragrances and consumer-packaged goods scents to flavor systems for food and beverages and functional ingredients for personal care. Givaudan works with brand owners and manufacturers to design sensory experiences, improve product performance and meet formulation or regulatory requirements.

Its product and service offerings include bespoke fragrance creation, flavor formulation, natural ingredient sourcing, aroma chemicals, taste modulators and application support such as prototyping and sensory testing.