Givaudan (OTCMKTS:GVDNY) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Givaudan SA (OTCMKTS:GVDNY)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $86.93 and traded as high as $87.42. Givaudan shares last traded at $87.10, with a volume of 13,790 shares.

Wall Street Analysts Forecast Growth

GVDNY has been the topic of several recent research reports. Barclays lowered Givaudan from a “hold” rating to a “strong sell” rating in a research report on Friday, November 15th. Berenberg Bank upgraded Givaudan from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 14th.

Givaudan Stock Performance

The company has a fifty day simple moving average of $86.93 and a two-hundred day simple moving average of $93.91. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.94 and a current ratio of 1.43.

Givaudan Company Profile

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.