Sodexo (OTCMKTS:SDXAY) Sets New 1-Year Low – What’s Next?

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY)’s share price hit a new 52-week low on Friday . The stock traded as low as $10.51 and last traded at $10.5450, with a volume of 3534 shares traded. The stock had previously closed at $10.66.

Analyst Upgrades and Downgrades

A number of research firms have commented on SDXAY. Zacks Research downgraded Sodexo from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 14th. Berenberg Bank cut shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 24th. Finally, Kepler Capital Markets cut shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 24th. Seven equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Sodexo presently has an average rating of “Reduce”.

Sodexo Trading Down 1.1%

The company has a debt-to-equity ratio of 1.18, a current ratio of 1.08 and a quick ratio of 1.03. The business has a 50-day simple moving average of $11.79 and a 200-day simple moving average of $12.22.

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.