Sodexo (OTCMKTS:SDXAY) Hits New 12-Month Low – What’s Next?

Shares of Sodexo S.A. (OTCMKTS:SDXAY) reached a new 52-week low on Tuesday . The stock traded as low as $12.75 and last traded at $12.84, with a volume of 61702 shares changing hands. The stock had previously closed at $12.98.

Wall Street Analysts Forecast Growth

SDXAY has been the topic of a number of analyst reports. Hsbc Global Res cut Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft cut shares of Sodexo to a “hold” rating in a research report on Friday, March 21st. The Goldman Sachs Group cut Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 26th. Barclays lowered Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 27th. Finally, BNP Paribas lowered Sodexo from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 16th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Sodexo Stock Down 1.1 %

The business has a 50 day moving average of $14.99 and a 200 day moving average of $16.05. 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 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.