Sodexo (OTCMKTS:SDXAY) Hits New 52-Week Low – Here’s What Happened

Sodexo S.A. (OTCMKTS:SDXAY)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $12.94 and last traded at $12.99, with a volume of 824582 shares traded. The stock had previously closed at $13.39.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on SDXAY shares. BNP Paribas cut Sodexo from a “neutral” rating to an “underperform” rating in a research note on Thursday, January 16th. The Goldman Sachs Group lowered shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft cut shares of Sodexo to a “hold” rating in a report on Friday, March 21st.

Sodexo Price Performance

The stock has a 50-day moving average of $15.04 and a 200 day moving average of $16.14. The company has a current ratio of 1.08, a quick ratio of 1.03 and a debt-to-equity ratio of 1.21.

Sodexo Company Profile

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.