Givaudan (OTCMKTS:GVDNY) Hits New 12-Month Low - Should You Sell?

Key Points

• Givaudan SA's stock reached a new 52-week low of $81.32 during trading, closing slightly higher at $81.43 with a trading volume of 2,524 shares.
• Analysts have recently upgraded Givaudan's stock rating, with Jefferies Financial Group moving it from "moderate sell" to "hold" and Barclays from "strong sell" to "hold," leading to a consensus rating of "Moderate Buy."
• The company exhibits stable financial ratios, with a quick ratio of 0.98 and a debt-to-equity ratio of 0.91, indicating reasonable liquidity and moderate leverage.

Givaudan SA (OTCMKTS:GVDNY - Get Free Report)'s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as $81.32 and last traded at $81.43, with a volume of 2524 shares trading hands. The stock had previously closed at $82.30.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Jefferies Financial Group upgraded Givaudan from a "moderate sell" rating to a "hold" rating in a research report on Friday, September 12th. Barclays upgraded Givaudan from a "strong sell" rating to a "hold" rating in a research report on Tuesday, July 8th. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Givaudan presently has a consensus rating of "Moderate Buy".

Givaudan Price Performance

The firm has a 50 day moving average price of $85.95 and a 200 day moving average price of $91.71. The company has a quick ratio of 0.98, a current ratio of 1.38 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.

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