Sodexo (OTCMKTS:SDXAY) Share Price Crosses Below 50-Day Moving Average – Here’s Why

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAYGet Free Report) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $12.46 and traded as low as $11.97. Sodexo shares last traded at $12.05, with a volume of 40,901 shares.

Sodexo Trading Up 0.4%

The business’s 50 day simple moving average is $12.42 and its 200 day simple moving average is $13.39. The company has a current ratio of 1.08, a quick ratio of 1.02 and a debt-to-equity ratio of 1.17.

About Sodexo

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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.

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