Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Short Interest Down 73.4% in February

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) was the recipient of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 77,398 shares, a decline of 73.4% from the February 12th total of 291,023 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 199,675 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 199,675 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

SDXAY has been the subject of a number of recent research reports. Morgan Stanley downgraded shares of Sodexo from an “overweight” rating to an “underweight” rating in a report on Wednesday, January 7th. Zacks Research upgraded Sodexo from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 23rd. UBS Group cut Sodexo from a “strong-buy” rating to a “hold” rating in a report on Monday, December 8th. Finally, Citigroup lowered Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 27th. Nine research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Sodexo currently has an average rating of “Reduce”.

Sodexo Price Performance

SDXAY stock traded down $0.15 during trading on Friday, reaching $10.08. 9,355 shares of the stock were exchanged, compared to its average volume of 359,118. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.08 and a quick ratio of 1.03. The business has a 50 day moving average price of $10.54 and a 200-day moving average price of $11.19. Sodexo has a 1 year low of $9.68 and a 1 year high of $16.28.

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.