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International Flavors & Fragrances: The Winning Streak Continues (IFF)

By Shiri Gupta

International Flavors & Fragrances (NYSE:IFF) traded today at a new 52-week high of $134.00. This new high was reached on below average trading volume as 74,000 shares traded hands, while the average 30-day volume is approximately 451,000 shares.

Over the past year, International Flavors & Fragrances has traded in a range of $97.24 to $134.00 and is now at $134.00, 38% above that low. The 200-day and 50-day moving averages have moved 0.12% higher and 0.99% higher over the past week, respectively.

International Flavors & Fragrances (NYSE:IFF) is currently priced 4.2% above its average consensus analyst price target of $128.38. International Flavors & Fragrances shares have support at the 50-day moving average (MA) of $114.45 and additional support at the 200-day MA of $113.58.

International Flavors & Fragrances Inc. creates and manufactures flavor and fragrance products. The Company's fragrance products are sold to manufacturers of perfumes, cosmetics, soaps and detergents, and its flavor products to manufacturers of prepared foods, beverages, dairy foods, pharmaceuticals, and confectionery products.

SmarTrend is monitoring the recent change of momentum in International Flavors & Fragrances. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of International Flavors & Fragrances in search of a potential trend change.

Keywords: 52 week high/lows international flavors & fragrances

Ticker(s): IFF