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Givaudan (OTCMKTS:GVDNY) Sees Large Volume Increase - What's Next?

Givaudan logo with Basic Materials background

Key Points

  • Givaudan (OTCMKTS:GVDNY) experienced a significant trading volume increase of 279%, with 86,042 shares traded on Monday compared to 22,704 the previous session.
  • The stock is currently down 2.3%, trading at $87.78, compared to a previous close of $89.28.
  • Barclays has upgraded Givaudan's rating from "strong sell" to "hold" in a recent research note.
  • MarketBeat previews the top five stocks to own by September 1st.

Givaudan SA (OTCMKTS:GVDNY - Get Free Report) saw strong trading volume on Monday . 86,042 shares changed hands during mid-day trading, an increase of 279% from the previous session's volume of 22,704 shares.The stock last traded at $87.78 and had previously closed at $89.28.

Analyst Upgrades and Downgrades

Separately, Barclays raised shares of Givaudan from a "strong sell" rating to a "hold" rating in a research note on Tuesday, July 8th.

Read Our Latest Stock Report on Givaudan

Givaudan Stock Down 0.5%

The company's 50 day simple moving average is $97.00 and its 200-day simple moving average is $92.45. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.49 and a quick ratio of 0.98.

About Givaudan

(Get Free Report)

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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