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Intl Flvr & Frag: New 52-Week Low Set Today (IFF)

By David Diaz

Intl Flvr & Frag (NYSE:IFF) traded at a new 52-week low today of $116.26. Approximately 248,000 shares have changed hands today, as compared to an average 30-day volume of 1.1 million shares.

International Flavors & Fragrances Inc., together with its subsidiaries, manufactures flavors and fragrances for use in various consumer products. It operates through three segments: Taste, Scent, and Frutarom.

In the past 52 weeks, shares of Intl Flvr & Frag have traded between the current low of $116.26 and a high of $152.95 and are now at $117.27. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.7%.

Intl Flvr & Frag (NYSE:IFF) has potential upside of 22.5% based on a current price of $117.27 and analysts' consensus price target of $143.65. The stock should find initial resistance at its 200-day moving average (MA) of $137.05 and further resistance at its 50-day MA of $142.54.

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

Keywords: 52 week high/lows intl flvr & frag

Ticker(s): IFF