Givaudan SA (OTCMKTS:GVDNY) Sees Significant Increase in Short Interest

Givaudan SA (OTCMKTS:GVDNY) saw a large 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 trading volume of 160,518 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 160,518 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Givaudan in a report on Friday, January 30th. Citigroup restated a “neutral” rating on shares of Givaudan in a research note on Tuesday, February 3rd. Jefferies Financial Group raised Givaudan from a “hold” rating to a “buy” rating in a research report on Tuesday, November 11th. Barclays upgraded Givaudan from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 13th. Finally, The Goldman Sachs Group cut Givaudan to a “sell” rating in a research note on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Givaudan Price Performance

Shares of GVDNY stock opened at $81.14 on Wednesday. Givaudan has a 12-month low of $75.46 and a 12-month high of $103.39. The firm has a 50 day moving average price of $79.55 and a two-hundred day moving average price of $82.58. 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 Company Profile

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.