Givaudan (OTCMKTS:GVDNY) Shares Gap Up – Time to Buy?

Givaudan SA (OTCMKTS:GVDNY) shares gapped up prior to trading on Friday . The stock had previously closed at $86.17, but opened at $89.51. Givaudan shares last traded at $89.49, with a volume of 30,503 shares changing hands.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Jefferies Financial Group raised shares of Givaudan from a “moderate sell” rating to a “hold” rating in a research note on Friday, September 12th. Barclays raised shares of Givaudan from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 8th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

Givaudan Stock Performance

The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.85 and a current ratio of 1.38. The stock’s 50 day moving average price is $84.05 and its two-hundred day moving average price is $91.00.

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.