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 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 trading volume of 82,000 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Citigroup lowered shares of Givaudan from a “buy” rating to a “neutral” rating in a research note on Thursday, October 17th. Barclays lowered shares of Givaudan from a “hold” rating to a “strong sell” rating in a research note on Friday, November 15th.

Givaudan Trading Up 0.6 %

Givaudan stock opened at $84.52 on Thursday. 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 firm’s 50 day moving average price is $87.18 and its two-hundred day moving average price is $94.32. Givaudan has a twelve month low of $81.09 and a twelve month high of $110.32.

About Givaudan

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.