Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Short Interest Update

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) saw a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 77,398 shares, a decrease of 73.4% from the February 12th total of 291,023 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 199,675 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 199,675 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are short sold.

Sodexo Stock Performance

Shares of SDXAY opened at $10.37 on Wednesday. Sodexo has a fifty-two week low of $9.68 and a fifty-two week high of $17.24. The business has a 50-day moving average of $10.54 and a 200 day moving average of $11.20. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.08 and a quick ratio of 1.03.

Wall Street Analysts Forecast Growth

SDXAY has been the topic of several research reports. Morgan Stanley lowered shares of Sodexo from an “overweight” rating to an “underweight” rating in a research report on Wednesday, January 7th. Zacks Research raised shares of Sodexo from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 23rd. UBS Group cut shares of Sodexo from a “strong-buy” rating to a “hold” rating in a report on Monday, December 8th. Finally, Citigroup cut shares of Sodexo from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 27th. Nine investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Sodexo has an average rating of “Reduce”.

About Sodexo

Sodexo is a global provider of integrated facilities management and food services, offering a wide range of solutions designed to enhance quality of life for clients across corporate, education, healthcare, remote site and sports & leisure markets. The company’s core activities include workplace dining and catering, reception and concierge services, cleaning and technical maintenance, security, grounds maintenance, and energy management. Sodexo partners with organizations to streamline operations, improve employee engagement and well-being, and ensure safe, sustainable environments.

Founded in 1966 by Pierre Bellon in Marseille, France, Sodexo has grown through both organic expansion and strategic acquisitions.