Givaudan (OTCMKTS:GVDNY) Reaches New 52-Week Low – Time to Sell?

Givaudan SA (OTCMKTS:GVDNY)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as $77.00 and last traded at $77.00, with a volume of 2659 shares changing hands. The stock had previously closed at $82.69.

Analyst Upgrades and Downgrades

GVDNY has been the topic of a number of analyst reports. Barclays raised Givaudan from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 13th. Jefferies Financial Group raised Givaudan from a “hold” rating to a “buy” rating in a report on Tuesday, November 11th. Finally, Deutsche Bank Aktiengesellschaft upgraded Givaudan from a “hold” rating to a “buy” rating in a research report on Monday, November 24th. Two equities research analysts have rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. According to data from MarketBeat.com, Givaudan has an average rating of “Strong Buy”.

Givaudan Stock Down 7.2%

The firm has a 50 day moving average of $84.10 and a two-hundred day moving average of $88.47. The company has a quick ratio of 0.85, a current ratio of 1.38 and a debt-to-equity ratio of 0.91.

About Givaudan

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.