Givaudan (OTCMKTS:GVDNY) Reaches New 52-Week Low – What’s Next?

Givaudan SA (OTCMKTS:GVDNY) reached a new 52-week low on Monday . The company traded as low as $81.37 and last traded at $83.18, with a volume of 41038 shares changing hands. The stock had previously closed at $88.66.

Wall Street Analyst Weigh In

Separately, Berenberg Bank upgraded Givaudan from a “hold” rating to a “strong-buy” rating in a research 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 firm has a fifty day simple moving average of $88.17 and a 200-day simple moving average of $91.13.

Givaudan Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 25th will be paid a $1.5503 dividend. The ex-dividend date is Tuesday, March 25th. This is an increase from Givaudan’s previous dividend of $0.97.

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.