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

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) shares reached a new 52-week low on Friday . The company traded as low as $9.6450 and last traded at $9.6750, with a volume of 28592 shares traded. The stock had previously closed at $9.84.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on SDXAY shares. Zacks Research upgraded Sodexo from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 23rd. UBS Group lowered Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 8th. Morgan Stanley lowered Sodexo from an “overweight” rating to an “underweight” rating in a report on Wednesday, January 7th. Finally, Citigroup lowered Sodexo from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 27th. Nine research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce”.

Sodexo Stock Down 2.7%

The firm’s fifty day moving average is $10.52 and its 200 day moving average is $11.11. The company has a current ratio of 1.08, a quick ratio of 1.03 and a debt-to-equity ratio of 1.18.

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.