Short Interest in Givaudan SA (OTCMKTS:GVDNY) Grows By 53.5%

Givaudan SA (OTCMKTS:GVDNY) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 3,206 shares, an increase of 53.5% from the January 29th total of 2,088 shares. Based on an average trading volume of 92,949 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 92,949 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

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

Givaudan Stock Performance

Givaudan stock traded down $2.16 during trading hours on Monday, hitting $78.19. The stock had a trading volume of 2,931 shares, compared to its average volume of 65,390. The business’s 50 day simple moving average is $79.32 and its 200-day simple moving average is $82.10. Givaudan has a one year low of $75.46 and a one year high of $103.39. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.74 and a quick ratio of 1.13.

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.