Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY – Get Free Report) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 102,428 shares, a growth of 345.6% from the April 30th total of 22,985 shares. Based on an average trading volume of 174,251 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are short sold.
Sodexo Stock Up 2.8%
Shares of OTCMKTS:SDXAY opened at $10.98 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.08 and a debt-to-equity ratio of 1.18. Sodexo has a 1 year low of $9.08 and a 1 year high of $13.94. The stock’s fifty day moving average price is $10.24 and its 200-day moving average price is $10.44.
Analyst Upgrades and Downgrades
Several research firms have commented on SDXAY. Morgan Stanley reissued an “underweight” rating on shares of Sodexo in a report on Thursday, May 21st. Jefferies Financial Group raised Sodexo from a “hold” rating to a “buy” rating in a report on Monday, March 30th. Finally, Citigroup reissued a “neutral” rating on shares of Sodexo in a report on Wednesday, May 20th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Sodexo has an average 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.
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