Sodexo (OTCMKTS:SDXAY) Stock Passes Below 50 Day Moving Average – Here’s Why

Sodexo S.A. (OTCMKTS:SDXAYGet Free Report) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $17.70 and traded as low as $16.51. Sodexo shares last traded at $16.52, with a volume of 43,546 shares changing hands.

Analysts Set New Price Targets

Separately, Citigroup upgraded shares of Sodexo to a “strong-buy” rating in a research report on Monday, September 16th.

Check Out Our Latest Report on SDXAY

Sodexo Stock Up 0.5 %

The stock has a 50 day moving average price of $17.65 and a 200-day moving average price of $17.81.

Sodexo Company Profile

(Get Free Report)

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.

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