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Givaudan (OTCMKTS:GVDNY) Stock Price Passes Below 50-Day Moving Average - Should You Sell?

Givaudan logo with Basic Materials background

Givaudan SA (OTCMKTS:GVDNY - Get Free Report) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $98.53 and traded as low as $93.27. Givaudan shares last traded at $94.32, with a volume of 18,130 shares.

Wall Street Analyst Weigh In

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

Check Out Our Latest Report on Givaudan

Givaudan Stock Performance

The company has a current ratio of 1.49, a quick ratio of 0.98 and a debt-to-equity ratio of 0.86. The firm has a 50-day moving average of $98.40 and a 200-day moving average of $92.32.

Givaudan Company Profile

(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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