Givaudan (OTCMKTS:GVDNY) Reaches New 1-Year Low – Should You Sell?

Givaudan SA (OTCMKTS:GVDNY)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as $70.80 and last traded at $71.03, with a volume of 2758 shares traded. The stock had previously closed at $72.40.

Wall Street Analysts Forecast Growth

Several research firms have commented on GVDNY. Barclays raised shares of Givaudan from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 13th. Jefferies Financial Group upgraded shares of Givaudan from a “hold” rating to a “buy” rating in a research note on Tuesday, November 11th. Citigroup reissued a “neutral” rating on shares of Givaudan in a research report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Givaudan in a report on Friday, January 30th. Finally, The Goldman Sachs Group cut shares of Givaudan from a “strong-buy” rating to a “sell” rating in a research note on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Givaudan Stock Down 2.5%

The company has a current ratio of 1.74, a quick ratio of 1.13 and a debt-to-equity ratio of 0.92. The firm’s fifty day moving average is $78.71 and its 200-day moving average is $81.67.

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.