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Givaudan (OTCMKTS:GVDNY) Share Price Crosses Above Fifty Day Moving Average - Here's Why

Givaudan logo with Basic Materials background

Shares of Givaudan SA (OTCMKTS:GVDNY - Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $93.59 and traded as high as $102.00. Givaudan shares last traded at $101.84, with a volume of 43,630 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank raised Givaudan from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 14th.

View Our Latest Analysis on Givaudan

Givaudan Stock Performance

The stock has a 50-day moving average of $94.84 and a 200 day moving average of $90.30. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.43 and a quick ratio of 0.94.

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.

Further Reading

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