Givaudan (OTCMKTS:GVDNY) Sets New 52-Week Low – What’s Next?

Givaudan SA (OTCMKTS:GVDNY) reached a new 52-week low during trading on Thursday . The stock traded as low as $77.00 and last traded at $77.00, with a volume of 2659 shares trading hands. The stock had previously closed at $82.69.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Givaudan from a “hold” rating to a “buy” rating in a research report on Monday, November 24th. Jefferies Financial Group raised Givaudan from a “hold” rating to a “buy” rating in a research report on Tuesday, November 11th. Finally, Barclays upgraded Givaudan from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 13th. Two equities research analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Strong Buy”.

Givaudan Stock Down 7.2%

The company’s fifty day moving average is $84.10 and its 200 day moving average is $88.47. The company has a current ratio of 1.38, a quick ratio of 0.85 and a debt-to-equity ratio of 0.91.

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.