Sodexo (OTCMKTS:SDXAY) Hits New 1-Year Low – Here’s Why

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as $9.99 and last traded at $10.2810, with a volume of 3240 shares changing hands. The stock had previously closed at $10.36.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on SDXAY. Berenberg Bank downgraded Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 24th. Zacks Research raised shares of Sodexo from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 23rd. UBS Group lowered shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 8th. Kepler Capital Markets downgraded shares of Sodexo from a “strong-buy” rating to a “hold” rating in a report on Friday, October 24th. Finally, Citigroup cut shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 27th. Ten research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Sodexo Stock Up 1.8%

The business’s fifty day moving average is $10.82 and its two-hundred day moving average is $11.78. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.08 and a quick ratio of 1.03.

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.