Sodexo (OTCMKTS:SDXAY) Stock Passes Above 50 Day Moving Average of $14.89

Sodexo S.A. (OTCMKTS:SDXAYGet Rating) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $14.89 and traded as high as $16.26. Sodexo shares last traded at $16.23, with a volume of 6,256 shares.

Analyst Upgrades and Downgrades

Several analysts have issued reports on SDXAY shares. Deutsche Bank Aktiengesellschaft boosted their price objective on Sodexo from €93.00 ($95.88) to €94.00 ($96.91) in a report on Tuesday, July 5th. HSBC upgraded Sodexo from a “hold” rating to a “buy” rating in a report on Thursday, June 9th. Finally, Royal Bank of Canada upgraded Sodexo from a “sector perform” rating to an “outperform” rating in a report on Friday, April 8th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $94.50.

Sodexo Price Performance

The company has a debt-to-equity ratio of 1.75, a quick ratio of 1.04 and a current ratio of 1.08. The firm has a 50 day simple moving average of $14.90 and a 200-day simple moving average of $15.83.

Sodexo Company Profile

(Get Rating)

Sodexo SA develops, manages, and delivers on-site, benefits and rewards, and personal and home services worldwide. It provides various on-site services, including business and administration, which covers corporate, energy and resources, government and agencies, sports and leisure, and other customers; healthcare and seniors; and education services comprising schools and universities.

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