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

Givaudan SA (OTCMKTS:GVDNY) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $74.6380 and last traded at $75.15, with a volume of 35820 shares trading hands. The stock had previously closed at $76.33.

Analyst Ratings Changes

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

Givaudan Trading Down 1.5%

The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.13 and a current ratio of 1.74. The firm’s 50 day moving average is $79.16 and its two-hundred day moving average is $81.99.

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.