Spotting A Winner: International Flavors & Fragrances Inc (NYSE: IFF) Advances 0.60 And It Still Have Room To Run

International Flavors & Fragrances Inc (NYSE:IFF) currently has a daily average trading volume of 1.48M but it saw 1433751 shares traded in last market. With a market cap of 21.52B USD, the company’s current market price of $84.17 came rising about 0.60 while comparing to the previous closing price of $83.67. In past 52 weeks, the stock remained buoying in the range of price level as high as $106.77 and as low as $72.94. In the recent trading on the day, stock has struck highest price mark of $83.47 while lowest mark touched by it was $84.51.

Taking a look at 20-day trading activity of International Flavors & Fragrances Inc (IFF) gives us an average price of $84.19, while its current price level is -21.17% below from 52-week high level whereas it is 15.40% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $87.92 while that of 200 days or SMA-200 reads an average of $94.57. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.55% during that period while stretching the period over a month that increases to 1.73%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 43.47 which implies that the stock is in neutral territory.

Morgan Stanley upgraded its recommendation for the stock as a “Overweight” from “Equal-Weight” on November 12, 2024 while assigning a price target range of $111-$110. BofA Securities also issued its recommendations for the stock as it upgraded the price target for the stock is $107.

Over the week, IFF’s stock price is moving 1.95% up while it is -4.46% when we observe its performance for the past one month. Year-to-date it is -0.45% down and over the past year, the stock is showing an upside performance of 4.88%.

Currently, International Flavors & Fragrances Inc’s total number of outstanding shares is 255.70M. Company’s return on investment (ROI) stands at -9.65% and return on equity (ROE) at -14.60%. It has a 18.66 of forward P/E ratio. Stock’s beta reads 1.20. Stock has a price to book (P/B) ratio of 1.46 while price to sale or P/S ratio amounts to 1.89. Its return on asset (ROA) is -7.32% on average.