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

Shares of Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) reached a new 52-week low on Thursday . The company traded as low as $10.55 and last traded at $10.55, with a volume of 122098 shares changing hands. The stock had previously closed at $10.73.

Analysts Set New Price Targets

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

Sodexo Price Performance

The company has a current ratio of 1.08, a quick ratio of 1.02 and a debt-to-equity ratio of 1.18. The business’s fifty day moving average is $11.92 and its two-hundred day moving average is $12.27.

Sodexo Company Profile

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.