Givaudan (OTCMKTS:GVDNY) Cut to Strong Sell at Barclays

Barclays downgraded shares of Givaudan (OTCMKTS:GVDNY) from a hold rating to a strong sell rating in a research note published on Friday morning,Zacks.com reports.

Separately, Citigroup cut Givaudan from a “buy” rating to a “neutral” rating in a report on Thursday, October 17th.

Givaudan Price Performance

GVDNY stock opened at $86.16 on Friday. Givaudan has a one year low of $72.96 and a one year high of $110.32. The company has a 50 day moving average price of $100.16 and a two-hundred day moving average price of $97.43. The company has a quick ratio of 0.94, a current ratio of 1.43 and a debt-to-equity ratio of 0.99.

About Givaudan

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.