Givaudan SA (OTCMKTS:GVDNY) Short Interest Down 83.3% in November

Givaudan SA (OTCMKTS:GVDNY) saw a significant decrease in short interest in November. As of November 15th, there was short interest totalling 400 shares, a decrease of 83.3% from the October 31st total of 2,400 shares. Based on an average trading volume of 51,300 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

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

Givaudan Price Performance

OTCMKTS:GVDNY traded up $0.08 during trading hours on Friday, hitting $87.95. The stock had a trading volume of 14,621 shares, compared to its average volume of 17,592. The business has a 50 day simple moving average of $97.13 and a two-hundred day simple moving average of $97.23. Givaudan has a 1-year low of $74.16 and a 1-year high of $110.32. The company has a quick ratio of 0.94, a current ratio of 1.43 and a debt-to-equity ratio of 0.99.

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.