Givaudan (OTCMKTS:GVDNY) Shares Cross Above 50 Day Moving Average - Time to Sell?

Givaudan SA (OTCMKTS:GVDNY - Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $88.96 and traded as high as $94.65. Givaudan shares last traded at $92.87, with a volume of 18,694 shares trading hands.

Wall Street Analysts Forecast Growth

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

Givaudan Stock Performance

The firm's 50-day moving average price is $89.27 and its 200-day moving average price is $89.44. The company has a current ratio of 1.43, a quick ratio of 0.94 and a debt-to-equity ratio of 0.99.

Givaudan Increases Dividend

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

Givaudan Company Profile

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.