Sodexo (OTCMKTS:SDXOF) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Sodexo S.A. (OTCMKTS:SDXOFGet Free Report)’s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $53.85 and traded as low as $50.70. Sodexo shares last traded at $50.70, with a volume of 1,144 shares trading hands.

Sodexo Trading Down 1.1%

The business’s fifty day moving average price is $53.85 and its 200 day moving average price is $59.27.

Sodexo Company Profile

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Sodexo is a global leader in food services and facilities management, delivering integrated solutions that enhance the quality of life for its clients and the people they serve. The company’s business activities span corporate dining, education catering, healthcare and senior living services, remote site management for energy and resources, as well as employee engagement and recognition programs.

Founded in 1966 by Pierre Bellon in Marseille, France, Sodexo has grown into a multinational organization operating in more than 50 countries.

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