Givaudan SA (OTCMKTS:GVDNY) Short Interest Up 344.3% in January

Givaudan SA (OTCMKTS:GVDNY) saw a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 2,088 shares, an increase of 344.3% from the January 15th total of 470 shares. Based on an average daily volume of 160,518 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 160,518 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on GVDNY shares. Jefferies Financial Group raised Givaudan from a “hold” rating to a “buy” rating in a research note on Tuesday, November 11th. The Goldman Sachs Group downgraded Givaudan from a “strong-buy” rating to a “sell” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Givaudan in a research note on Friday, January 30th. Barclays upgraded shares of Givaudan from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 13th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Givaudan in a research note on Tuesday, February 3rd. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Givaudan presently has an average rating of “Moderate Buy”.

Givaudan Stock Performance

Shares of Givaudan stock traded up $0.79 on Friday, reaching $80.05. 8,443 shares of the company were exchanged, compared to its average volume of 77,090. The stock’s 50 day moving average price is $79.43 and its 200-day moving average price is $82.54. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.13 and a current ratio of 1.74. Givaudan has a 1-year low of $75.46 and a 1-year high of $103.39.

About Givaudan

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.