Sodexo S.A. (OTCMKTS:SDXAY) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 2,200 shares, a decrease of 78.2% from the December 15th total of 10,100 shares. Based on an average daily trading volume, of 36,600 shares, the days-to-cover ratio is presently 0.1 days.
SDXAY stock traded up $0.17 during trading on Friday, hitting $18.58. 7,371 shares of the company traded hands, compared to its average volume of 13,959. The stock’s 50-day simple moving average is $17.82 and its 200 day simple moving average is $17.61. The company has a quick ratio of 1.06, a current ratio of 1.09 and a debt-to-equity ratio of 1.96. Sodexo has a 1 year low of $16.10 and a 1 year high of $20.96.
A number of brokerages recently weighed in on SDXAY. Societe Generale raised Sodexo from a “hold” rating to a “buy” rating in a research report on Thursday, October 28th. Exane BNP Paribas downgraded Sodexo from a “neutral” rating to an “underperform” rating in a report on Wednesday, October 13th. Sanford C. Bernstein raised Sodexo from a “market perform” rating to an “outperform” rating in a report on Tuesday, October 12th. Royal Bank of Canada raised Sodexo from an “underperform” rating to a “sector perform” rating in a report on Thursday, December 16th. Finally, The Goldman Sachs Group raised Sodexo from a “sell” rating to a “buy” rating in a report on Monday, November 1st. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.
Sodexo SA engages in the provision of on-site services, benefits and rewards services, and personal and home care services. It offers integrated solutions which cover a variety of working and living environments and are available in client segments which include corporate, health care, education, defense, remote sites, justice services, seniors, and sports and leisure.
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