Sodexo (OTCMKTS:SDXAY) Reaches New 52-Week Low – Here’s Why

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as $10.05 and last traded at $10.31, with a volume of 10484 shares. The stock had previously closed at $10.97.

Analyst Upgrades and Downgrades

SDXAY has been the subject of several research reports. Citigroup lowered shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 27th. Berenberg Bank lowered shares of Sodexo from a “strong-buy” rating to a “hold” rating in a report on Friday, October 24th. Kepler Capital Markets cut Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 24th. Zacks Research lowered Sodexo from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 14th. Finally, UBS Group downgraded Sodexo from a “strong-buy” rating to a “hold” rating in a report on Monday, December 8th. Nine equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce”.

Sodexo Price Performance

The company has a quick ratio of 1.03, a current ratio of 1.08 and a debt-to-equity ratio of 1.18. The business’s 50 day moving average price is $11.14 and its 200 day moving average price is $11.91.

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.