Sodexo (OTCMKTS:SDXAY) Share Price Passes Above 50 Day Moving Average of $16.74

Shares of Sodexo S.A. (OTCMKTS:SDXAYGet Rating) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $16.74 and traded as high as $18.47. Sodexo shares last traded at $18.38, with a volume of 17,152 shares traded.

Analyst Ratings Changes

A number of analysts have recently commented on SDXAY shares. HSBC cut shares of Sodexo from a “buy” rating to a “hold” rating in a research note on Tuesday, November 8th. Morgan Stanley boosted their price target on shares of Sodexo from €90.00 ($92.78) to €100.00 ($103.09) and gave the stock an “equal weight” rating in a research report on Thursday, October 27th. Jefferies Financial Group lowered shares of Sodexo from a “buy” rating to a “hold” rating in a research report on Friday, August 19th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Sodexo from €94.00 ($96.91) to €105.00 ($108.25) in a research report on Tuesday, November 1st. Finally, BNP Paribas upgraded shares of Sodexo from a “neutral” rating to an “outperform” rating in a research report on Friday, August 12th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, Sodexo has an average rating of “Moderate Buy” and an average target price of $98.00.

Sodexo Trading Down 1.0 %

The company has a quick ratio of 1.04, a current ratio of 1.08 and a debt-to-equity ratio of 1.75. The firm’s fifty day simple moving average is $16.74 and its two-hundred day simple moving average is $15.75.

Sodexo Company Profile

(Get Rating)

Sodexo SA develops, manages, and delivers on-site, benefits and rewards, and personal and home services worldwide. It provides various on-site services, including business and administration, which covers corporate, energy and resources, government and agencies, sports and leisure, and other customers; healthcare and seniors; and education services comprising schools and universities.

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