Givaudan SA (OTCMKTS:GVDNY) Short Interest Down 62.8% in January

Givaudan SA (OTCMKTS:GVDNY) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totaling 470 shares, a decline of 62.8% from the December 31st total of 1,264 shares. Based on an average trading volume of 203,287 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 203,287 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft raised Givaudan from a “hold” rating to a “buy” rating in a research note on Monday, November 24th. Barclays upgraded shares of Givaudan from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 13th. Finally, Jefferies Financial Group upgraded Givaudan from a “hold” rating to a “buy” rating in a research note on Tuesday, November 11th. Two research analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, Givaudan presently has an average rating of “Strong Buy”.

Givaudan Stock Performance

OTCMKTS:GVDNY traded down $4.48 on Thursday, hitting $76.28. The company’s stock had a trading volume of 43,385 shares, compared to its average volume of 91,234. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.38 and a quick ratio of 0.85. The stock has a fifty day moving average of $80.33 and a two-hundred day moving average of $83.58. Givaudan has a one year low of $75.46 and a one year high of $103.39.

About Givaudan

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.