Barclays Downgrades Givaudan (OTCMKTS:GVDNY) to Strong Sell

Barclays cut shares of Givaudan (OTCMKTS:GVDNY) from a hold rating to a strong sell rating in a research report released 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

OTCMKTS:GVDNY opened at $86.16 on Friday. Givaudan has a 12 month low of $72.96 and a 12 month high of $110.32. The business’s 50-day moving average is $100.16 and its two-hundred day moving average is $97.43. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.43 and a quick ratio of 0.94.

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.