Givaudan SA (OTCMKTS:GVDNY) Short Interest Up 50.0% in February

by · The Cerbat Gem

Givaudan SA (OTCMKTS:GVDNY – Get Free Report) was the target of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 600 shares, an increase of 50.0% from the January 31st total of 400 shares. Based on an average daily volume of 57,400 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on GVDNY shares. Barclays lowered Givaudan from a “hold” rating to a “strong sell” rating in a report on Friday, November 15th. Berenberg Bank upgraded shares of Givaudan from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 14th.

Get Our Latest Report on Givaudan

Givaudan Stock Up 1.4 %

OTCMKTS GVDNY traded up $1.26 on Monday, reaching $89.93. 19,620 shares of the company’s stock traded hands, compared to its average volume of 32,516. Givaudan has a fifty-two week low of $83.13 and a fifty-two week high of $110.32. The company has a current ratio of 1.43, a quick ratio of 0.94 and a debt-to-equity ratio of 0.99. The stock has a 50 day moving average price of $87.01 and a 200-day moving average price of $93.65.

About Givaudan

(Get Free Report)

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.

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