Givaudan (OTCMKTS:GVDNY) Cut to Strong Sell at Barclays

Givaudan (OTCMKTS:GVDNYGet Free Report) was downgraded by Barclays from a “hold” rating to a “strong sell” rating in a note issued to investors on Friday,Zacks.com reports.

Separately, Citigroup lowered Givaudan from a “buy” rating to a “neutral” rating in a research note on Thursday, October 17th.

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Givaudan Stock Up 1.6 %

Shares of GVDNY stock opened at $86.16 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.43 and a debt-to-equity ratio of 0.99. Givaudan has a 12 month low of $72.96 and a 12 month high of $110.32. The company has a 50 day simple moving average of $100.16 and a two-hundred day simple moving average of $97.43.

Givaudan Company Profile

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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.

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