Sodexo S.A. (OTCMKTS:SDXAY) Short Interest Up 96.6% in March

Sodexo S.A. (OTCMKTS:SDXAY) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 11,600 shares, a growth of 96.6% from the February 28th total of 5,900 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 105,100 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Hsbc Global Res cut shares of Sodexo from a “strong-buy” rating to a “hold” rating in a report on Thursday. Barclays downgraded Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Thursday. The Goldman Sachs Group downgraded Sodexo from a “strong-buy” rating to a “hold” rating in a report on Wednesday. BNP Paribas lowered shares of Sodexo from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 16th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of Sodexo to a “hold” rating in a report on Friday, March 21st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Sodexo Price Performance

OTCMKTS:SDXAY traded down $0.03 during mid-day trading on Friday, hitting $12.93. 62,118 shares of the company traded hands, compared to its average volume of 89,095. The stock’s fifty day moving average price is $15.02 and its 200-day moving average price is $16.09. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.03 and a current ratio of 1.08. Sodexo has a one year low of $12.86 and a one year high of $20.55.

Sodexo Company Profile

Sodexo SA provides food services and facilities management services worldwide. It offers various on-site services, which includes corporate services, energy and resources, government and agencies, and other services; healthcare and seniors; and learning solutions to schools and universities. The company also provides food services comprising retail service, food delivery, and meal and food vouchers, as well as digital food ordering services; savings and purchase solutions, data and digital tools, and advisory services and client support; and work-life balance and employee experience solutions.