Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Sees Large Decrease in Short Interest

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAYGet Free Report) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 52,907 shares, a decline of 26.6% from the November 30th total of 72,037 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 245,454 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 245,454 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Stock Report on Sodexo

Sodexo Trading Up 0.3%

Sodexo stock opened at $10.36 on Monday. The company has a current ratio of 1.08, a quick ratio of 1.03 and a debt-to-equity ratio of 1.18. The business’s 50 day simple moving average is $10.92 and its 200 day simple moving average is $11.81. Sodexo has a 12 month low of $10.05 and a 12 month high of $17.24.

About Sodexo

(Get Free Report)

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.

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