Givaudan SA (OTCMKTS:GVDNY) Sees Large Decline in Short Interest

Givaudan SA (OTCMKTS:GVDNY) was the target of a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 400 shares, a decrease of 97.5% from the January 15th total of 15,900 shares. Based on an average daily trading volume, of 82,000 shares, the short-interest ratio is presently 0.0 days.

Givaudan Price Performance

OTCMKTS GVDNY opened at $84.52 on Thursday. The company has a quick ratio of 0.94, a current ratio of 1.43 and a debt-to-equity ratio of 0.99. The company has a fifty day simple moving average of $87.18 and a 200 day simple moving average of $94.32. Givaudan has a 1 year low of $81.09 and a 1 year high of $110.32.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Barclays downgraded shares of Givaudan from a “hold” rating to a “strong sell” rating in a report on Friday, November 15th. Citigroup downgraded shares of Givaudan from a “buy” rating to a “neutral” rating in a report on Thursday, October 17th.

Givaudan Company Profile

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.