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

Givaudan logo with Basic Materials background

Shares of Givaudan SA (OTCMKTS:GVDNY - Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $95.38 and traded as high as $101.86. Givaudan shares last traded at $101.70, with a volume of 10,869 shares changing hands.

Analysts Set New Price Targets

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

Read Our Latest Report on GVDNY

Givaudan Price Performance

The company has a quick ratio of 0.94, a current ratio of 1.43 and a debt-to-equity ratio of 0.99. The company's fifty day moving average price is $96.41 and its 200 day moving average price is $90.80.

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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