Givaudan (OTCMKTS:GVDNY) Hits New 12-Month Low – Time to Sell?

Shares of Givaudan SA (OTCMKTS:GVDNY) hit a new 52-week low during trading on Thursday . The company traded as low as $75.46 and last traded at $76.16, with a volume of 23301 shares trading hands. The stock had previously closed at $80.76.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on GVDNY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Givaudan in a research note on Friday. Jefferies Financial Group upgraded Givaudan from a “hold” rating to a “buy” rating in a research note on Tuesday, November 11th. Finally, Barclays raised Givaudan from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 13th. Two analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

Givaudan Stock Performance

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 firm’s fifty day moving average is $80.16 and its two-hundred day moving average is $83.41.

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.