Givaudan (OTCMKTS:GVDBF) Stock Crosses Below Fifty Day Moving Average – Here’s Why

Givaudan SA (OTCMKTS:GVDBFGet Free Report)’s stock price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $4,156.21 and traded as low as $4,029.72. Givaudan shares last traded at $4,029.72, with a volume of 2 shares.

Givaudan Stock Performance

The company’s 50 day simple moving average is $4,156.21 and its two-hundred day simple moving average is $4,372.50.

Givaudan Company Profile

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Givaudan SA is a Swiss-based global leader in the creation of flavors and fragrances, serving customers across the food, beverage, consumer goods and fine fragrance industries. Established in 1895 and headquartered in Vernier, Switzerland, the company combines scientific research, culinary art and creative design to develop sensory solutions that enhance taste and scent experiences.

In its flavor division, Givaudan works closely with food and beverage manufacturers to formulate ingredients ranging from sweet and savory tastes to functional and natural extracts.

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