Sodexo (OTCMKTS:SDXAY) Hits New 52-Week Low – Here’s What Happened

Sodexo S.A. (OTCMKTS:SDXAY) shares hit a new 52-week low during trading on Wednesday . The company traded as low as $12.94 and last traded at $12.99, with a volume of 824582 shares changing hands. The stock had previously closed at $13.39.

Analyst Ratings Changes

Several research firms have recently weighed in on SDXAY. Deutsche Bank Aktiengesellschaft lowered Sodexo to a “hold” rating in a research report on Friday, March 21st. BNP Paribas lowered Sodexo from a “neutral” rating to an “underperform” rating in a research note on Thursday, January 16th. Finally, The Goldman Sachs Group cut Sodexo from a “strong-buy” rating to a “hold” rating in a report on Wednesday.

Sodexo Trading Down 0.2 %

The firm’s fifty day moving average price is $15.04 and its two-hundred day moving average price is $16.14. The company has a current ratio of 1.08, a quick ratio of 1.03 and a debt-to-equity ratio of 1.21.

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.