Sodexo (OTCMKTS:SDXAY) Reaches New 12-Month Low – Here’s What Happened

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $10.2650 and last traded at $10.29, with a volume of 29171 shares traded. The stock had previously closed at $10.32.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Zacks Research downgraded shares of Sodexo from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 14th. Kepler Capital Markets downgraded shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 24th. UBS Group cut shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Monday. Berenberg Bank downgraded Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 24th. Finally, Citigroup downgraded Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 27th. Nine research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Sodexo has an average rating of “Reduce”.

Sodexo Trading Down 1.4%

The company’s 50-day moving average is $11.50 and its two-hundred day moving average is $12.09. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.08 and a quick ratio of 1.03.

About Sodexo

Sodexo SA provides food services and facilities management services worldwide. It offers various on-site services, which includes corporate services, energy and resources, government and agencies, and other services; healthcare and seniors; and learning solutions to schools and universities. The company also provides food services comprising retail service, food delivery, and meal and food vouchers, as well as digital food ordering services; savings and purchase solutions, data and digital tools, and advisory services and client support; and work-life balance and employee experience solutions.