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Givaudan (OTCMKTS:GVDNY) Stock Passes Above 50-Day Moving Average - Here's What Happened

Givaudan logo with Basic Materials background

Givaudan SA (OTCMKTS:GVDNY - Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $90.56 and traded as high as $97.55. Givaudan shares last traded at $96.96, with a volume of 12,345 shares changing hands.

Wall Street Analyst Weigh In

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

Check Out Our Latest Analysis on Givaudan

Givaudan Stock Performance

The stock has a 50 day simple moving average of $90.88 and a 200 day simple moving average of $89.16. 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 Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 25th were issued a $1.5503 dividend. This is a boost from Givaudan's previous dividend of $0.97. The ex-dividend date was Tuesday, March 25th.

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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