Givaudan SA (OTCMKTS:GVDNY) Short Interest Update

Givaudan SA (OTCMKTS:GVDNY) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 470 shares, a decrease of 62.8% from the December 31st total of 1,264 shares. Based on an average trading volume of 203,287 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 203,287 shares, the days-to-cover ratio is currently 0.0 days.

Givaudan Trading Down 5.2%

GVDNY stock opened at $76.53 on Friday. The company has a current ratio of 1.38, a quick ratio of 0.85 and a debt-to-equity ratio of 0.91. The business has a 50-day simple moving average of $80.25 and a two-hundred day simple moving average of $83.53. Givaudan has a 52-week low of $75.46 and a 52-week high of $103.39.

Analyst Ratings Changes

Several research analysts recently issued reports on GVDNY shares. Deutsche Bank Aktiengesellschaft raised Givaudan from a “hold” rating to a “buy” rating in a research report on Monday, November 24th. Barclays upgraded Givaudan from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 13th. Finally, Jefferies Financial Group upgraded shares of Givaudan from a “hold” rating to a “buy” rating in a research report on Tuesday, November 11th. Two analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Strong Buy”.

Givaudan Company Profile

Givaudan is a Swiss-based global company that develops, manufactures and supplies flavors, fragrances and active cosmetic ingredients for a broad range of consumer products. The company’s core activities are organized around creating taste and scent solutions—ranging from fine fragrances and consumer-packaged goods scents to flavor systems for food and beverages and functional ingredients for personal care. Givaudan works with brand owners and manufacturers to design sensory experiences, improve product performance and meet formulation or regulatory requirements.

Its product and service offerings include bespoke fragrance creation, flavor formulation, natural ingredient sourcing, aroma chemicals, taste modulators and application support such as prototyping and sensory testing.