Short Interest in Givaudan SA (OTCMKTS:GVDNY) Grows By 53.5%

Givaudan SA (OTCMKTS:GVDNY) saw a significant increase in short interest in February. As of February 13th, there was short interest totaling 3,206 shares, an increase of 53.5% from the January 29th total of 2,088 shares. Based on an average daily trading volume, of 92,949 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 92,949 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

Several analysts have issued reports on GVDNY shares. Jefferies Financial Group upgraded shares of Givaudan from a “hold” rating to a “buy” rating in a research report on Tuesday, November 11th. The Goldman Sachs Group lowered Givaudan from a “strong-buy” rating to a “sell” rating in a research note on Tuesday, February 10th. Barclays upgraded Givaudan from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 13th. Citigroup restated a “neutral” rating on shares of Givaudan in a research note on Tuesday, February 3rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Givaudan in a research note on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Givaudan Stock Up 1.7%

OTCMKTS:GVDNY opened at $80.35 on Friday. The company’s 50-day moving average price is $79.32 and its two-hundred day moving average price is $82.11. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.13 and a current ratio of 1.74. Givaudan has a 12 month low of $75.46 and a 12 month 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.