Givaudan SA (OTCMKTS:GVDNY) Short Interest Up 127.6% in April

Givaudan SA (OTCMKTS:GVDNY) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 20,356 shares, an increase of 127.6% from the April 15th total of 8,943 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 57,085 shares, the short-interest ratio is presently 0.4 days.

Givaudan Stock Down 0.2%

Givaudan stock traded down $0.17 during mid-day trading on Friday, hitting $68.35. The company’s stock had a trading volume of 35,291 shares, compared to its average volume of 32,357. The company has a current ratio of 1.74, a quick ratio of 1.13 and a debt-to-equity ratio of 0.92. Givaudan has a twelve month low of $65.97 and a twelve month high of $103.39. The stock’s fifty day moving average price is $70.53 and its two-hundred day moving average price is $77.02.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on GVDNY shares. Berenberg Bank cut Givaudan from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 31st. Kepler Capital Markets cut Givaudan from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Zacks Research lowered shares of Givaudan from a “hold” rating to a “strong sell” rating in a research note on Friday, March 27th. Citigroup reiterated 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. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

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.