Givaudan (OTCMKTS:GVDNY) Shares Cross Above 50 Day Moving Average – Should You Sell?

Givaudan SA (OTCMKTS:GVDNY)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $87.33 and traded as high as $91.12. Givaudan shares last traded at $90.61, with a volume of 13,282 shares.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Barclays cut shares of Givaudan from a “hold” rating to a “strong sell” rating in a research report on Friday, November 15th. Berenberg Bank upgraded shares of Givaudan from a “hold” rating to a “strong-buy” rating in a report on Friday, February 14th.

Givaudan Stock Performance

The company has a quick ratio of 0.94, a current ratio of 1.43 and a debt-to-equity ratio of 0.99. The stock’s 50-day moving average price is $87.33 and its 200 day moving average price is $93.31.

Givaudan Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 25th will be given a dividend of $1.5503 per share. This is a positive change from Givaudan’s previous dividend of $0.97. The ex-dividend date of this dividend is Tuesday, March 25th.

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.