Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Sees Significant Growth in Short Interest

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) was the recipient of a large growth in short interest in March. As of March 13th, there was short interest totaling 120,162 shares, a growth of 55.3% from the February 26th total of 77,398 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 374,720 shares, the short-interest ratio is currently 0.3 days.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. UBS Group downgraded Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 8th. Morgan Stanley downgraded Sodexo from an “overweight” rating to an “underweight” rating in a report on Wednesday, January 7th. Finally, Zacks Research raised Sodexo from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 23rd. Five analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Sodexo Stock Performance

Shares of OTCMKTS SDXAY opened at $9.78 on Monday. Sodexo has a twelve month low of $9.53 and a twelve month high of $13.95. The stock’s 50 day moving average price is $10.51 and its 200-day moving average price is $11.00. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.03 and a current ratio of 1.08.

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.