Sodexo (OTCMKTS:SDXAY) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Sodexo S.A. (OTCMKTS:SDXAYGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $15.00 and traded as low as $12.75. Sodexo shares last traded at $12.87, with a volume of 51,934 shares traded.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on SDXAY shares. Deutsche Bank Aktiengesellschaft cut Sodexo to a “hold” rating in a report on Friday, March 21st. Hsbc Global Res cut Sodexo from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 27th. HSBC cut Sodexo to a “hold” rating in a report on Thursday, March 27th. The Goldman Sachs Group lowered Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 26th. Finally, Barclays lowered Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 27th. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Sodexo presently has an average rating of “Hold”.

Check Out Our Latest Analysis on SDXAY

Sodexo Trading Up 0.7%

The company has a 50-day moving average price of $13.03 and a 200 day moving average price of $14.98. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.08 and a quick ratio of 1.03.

Sodexo Company Profile

(Get Free Report)

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.

Further Reading

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