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Shares of Intl Flvr & Frag Fall Below Previous 52-Week Low

By Amy Schwartz

Shares of Intl Flvr & Frag (NYSE:IFF) traded today at $106.50, breaking its 52-week low. This new low was reached on below average trading volume as 105,000 shares traded hands, while the average 30-day volume is approximately 1.2 million shares.

Intl Flvr & Frag (NYSE:IFF) has potential upside of 34.9% based on a current price of $106.50 and analysts' consensus price target of $143.65. The stock should find initial resistance at its 200-day moving average (MA) of $135.94 and further resistance at its 50-day MA of $137.31.

In the past 52 weeks, Intl Flvr & Frag share prices have been bracketed by a current low of $106.50 and a high of $152.95 and are now at $106.50. The 200-day and 50-day moving averages have moved 0.51% lower and 2.35% lower over the past week, respectively.

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.

SmarTrend recommended that its subscribers protect gains by selling shares of Intl Flvr & Frag on August 6th, 2019 by issuing a Downtrend alert when the shares were trading at $124.13. Since that call, shares of Intl Flvr & Frag have fallen 13.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: 52 week high/lows intl flvr & frag

Ticker(s): IFF