Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Short Interest Update

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totaling 76,496 shares, an increase of 44.6% from the December 15th total of 52,907 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 130,409 shares, the short-interest ratio is presently 0.6 days. Based on an average trading volume of 130,409 shares, the short-interest ratio is presently 0.6 days. Approximately 0.0% of the company’s shares are short sold.

Sodexo Price Performance

Shares of Sodexo stock traded down $0.02 during midday trading on Friday, reaching $9.74. 80,798 shares of the company’s stock traded hands, compared to its average volume of 84,743. The company has a quick ratio of 1.03, a current ratio of 1.08 and a debt-to-equity ratio of 1.18. Sodexo has a 52 week low of $9.68 and a 52 week high of $17.24. The company’s 50 day simple moving average is $10.46 and its 200 day simple moving average is $11.59.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on SDXAY shares. Zacks Research raised shares of Sodexo from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 23rd. Morgan Stanley lowered shares of Sodexo from an “overweight” rating to an “underweight” rating in a research note on Wednesday, January 7th. Citigroup lowered shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 27th. Berenberg Bank downgraded shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 24th. Finally, Kepler Capital Markets cut Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 24th. Ten analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce”.

Sodexo Company Profile

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.