Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Given Average Rating of “Reduce” by Brokerages

Shares of Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) have received a consensus recommendation of “Reduce” from the nine ratings firms that are presently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation and seven have assigned a hold recommendation to the company.

A number of equities analysts recently issued reports on the company. Kepler Capital Markets lowered Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 24th. Berenberg Bank cut Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 24th. Finally, Zacks Research downgraded Sodexo from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 14th.

Sodexo Trading Up 0.6%

OTCMKTS SDXAY opened at $10.65 on Monday. Sodexo has a 12-month low of $10.55 and a 12-month high of $17.96. The company has a fifty day simple moving average of $12.21 and a two-hundred day simple moving average of $12.39. The company has a quick ratio of 1.02, a current ratio of 1.08 and a debt-to-equity ratio of 1.17.

About Sodexo

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.