International Flavors & Fragrances Inc. (IFF) volume exceeds 1.38 million: A new investment opportunity for investors

International Flavors & Fragrances Inc. (NYSE: IFF) on Monday, plunged -0.45% from the previous trading day, before settling in for the closing price of $96.21. Within the past 52 weeks, IFF’s price has moved between $62.11 and $101.89.

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Annual sales at Basic Materials sector company grew by 31.28% over the past five years. The company achieved an average annual earnings per share of 25.43%. With a float of $230.11 million, this company’s outstanding shares have now reached $255.29 million.

Let’s look at the performance matrix of the company that is accounted for 21500 employees.

International Flavors & Fragrances Inc. (IFF) Insider Updates

Observing investor behavior towards Specialty Chemicals industry stocks is more important than anything else. The insider ownership of International Flavors & Fragrances Inc. is 9.99%, while institutional ownership is 84.69%. The most recent insider transaction that took place on Jun 13 ’24, was worth 247,560. In this transaction President, Pharma Solutions of this company sold 2,588 shares at a rate of $95.66, taking the stock ownership to the 8,539 shares.

International Flavors & Fragrances Inc. (IFF) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 25.43% per share during the next fiscal year.

International Flavors & Fragrances Inc. (NYSE: IFF) Trading Performance Indicators

International Flavors & Fragrances Inc. (IFF) is currently performing well based on its current performance indicators. A quick ratio of 1.75 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.16. Likewise, its price to free cash flow for the trailing twelve months is 24.76.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -9.23, a number that is poised to hit 1.06 in the next quarter and is forecasted to reach 4.57 in one year’s time.

Technical Analysis of International Flavors & Fragrances Inc. (IFF)

International Flavors & Fragrances Inc. (NYSE: IFF) saw its 5-day average volume 2.14 million, a positive change from its year-to-date volume of 1.85 million. As of the previous 9 days, the stock’s Stochastic %D was 38.79%. Additionally, its Average True Range was 2.64.

During the past 100 days, International Flavors & Fragrances Inc.’s (IFF) raw stochastic average was set at 70.86%, which indicates a significant increase from 36.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.14% in the past 14 days, which was lower than the 24.34% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $96.66, while its 200-day Moving Average is $85.13. Nevertheless, the first resistance level for the watch stands at $97.06 in the near term. At $98.35, the stock is likely to face the second major resistance level. The third major resistance level sits at $99.35. If the price goes on to break the first support level at $94.77, it is likely to go to the next support level at $93.77. Assuming the price breaks the second support level, the third support level stands at $92.48.

International Flavors & Fragrances Inc. (NYSE: IFF) Key Stats

Market capitalization of the company is 24.49 billion based on 255,351K outstanding shares. Right now, sales total 11,479 M and income totals -2,567 M. The company made 2,899 M in profit during its latest quarter, and 60,000 K in sales during its previous quarter.