Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Short Interest Update

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) was the recipient of a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 16,436 shares, a drop of 86.3% from the March 15th total of 120,162 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 241,921 shares, the short-interest ratio is presently 0.1 days.

Sodexo Price Performance

Sodexo stock traded down $1.07 during mid-day trading on Friday, hitting $9.46. 836,554 shares of the company were exchanged, compared to its average volume of 305,942. Sodexo has a 12-month low of $9.23 and a 12-month high of $13.95. The business’s 50 day simple moving average is $10.59 and its two-hundred day simple moving average is $10.90. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.03 and a current ratio of 1.08.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on SDXAY shares. Zacks Research upgraded shares of Sodexo from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 23rd. Morgan Stanley cut shares of Sodexo from an “overweight” rating to an “underweight” rating in a research report on Wednesday, January 7th. Finally, Jefferies Financial Group raised shares of Sodexo from a “hold” rating to a “buy” rating in a report on Monday, March 30th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

About Sodexo

Sodexo is a global provider of integrated facilities management and food services, offering a wide range of solutions designed to enhance quality of life for clients across corporate, education, healthcare, remote site and sports & leisure markets. The company’s core activities include workplace dining and catering, reception and concierge services, cleaning and technical maintenance, security, grounds maintenance, and energy management. Sodexo partners with organizations to streamline operations, improve employee engagement and well-being, and ensure safe, sustainable environments.

Founded in 1966 by Pierre Bellon in Marseille, France, Sodexo has grown through both organic expansion and strategic acquisitions.