Sodexo (OTCMKTS:SDXAY) Reaches New 52-Week Low – Here’s What Happened

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY)’s share price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $9.6450 and last traded at $9.6750, with a volume of 28592 shares trading hands. The stock had previously closed at $9.84.

Wall Street Analysts Forecast Growth

SDXAY has been the topic of several recent analyst reports. UBS Group cut Sodexo from a “strong-buy” rating to a “hold” rating in a report on Monday, December 8th. Zacks Research raised Sodexo from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 23rd. Morgan Stanley cut Sodexo from an “overweight” rating to an “underweight” rating in a research report on Wednesday, January 7th. Finally, Citigroup lowered Sodexo from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 27th. Eight equities 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, the stock currently has an average rating of “Reduce”.

Sodexo Stock Performance

The business’s fifty day moving average is $10.51 and its 200 day moving average is $11.09. 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 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.