Givaudan (OTCMKTS:GVDNY) Share Price Crosses Below 50-Day Moving Average - Time to Sell?

Key Points

• Givaudan's stock price has fallen below its 50-day moving average, trading at $84.40 after reaching a low of $83.96.
• Analysts have upgraded Givaudan from a "strong sell" to a "hold" rating, with a consensus rating of "Moderate Buy."
• The company's key financial ratios include a debt-to-equity ratio of 0.86 and a current ratio of 1.49.

Givaudan SA (OTCMKTS:GVDNY - Get Free Report) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $89.65 and traded as low as $83.96. Givaudan shares last traded at $84.40, with a volume of 22,756 shares.

Analyst Ratings Changes

Separately, Barclays raised shares of Givaudan from a "strong sell" rating to a "hold" rating in a report on Tuesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy".

Givaudan Stock Up 1.1%

The firm's fifty day moving average is $88.71 and its 200 day moving average is $92.07. The company has a quick ratio of 0.98, a current ratio of 1.49 and a debt-to-equity ratio of 0.86.

About Givaudan

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.