Sodexo (OTCMKTS:SDXAY) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Shares of Sodexo S.A. (OTCMKTS:SDXAYGet Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $15.21 and traded as high as $16.26. Sodexo shares last traded at $16.09, with a volume of 42,512 shares trading hands.

Analysts Set New Price Targets

Separately, BNP Paribas downgraded Sodexo from a “neutral” rating to an “underperform” rating in a report on Thursday, January 16th.

View Our Latest Stock Analysis on SDXAY

Sodexo Price Performance

The company has a current ratio of 1.08, a quick ratio of 1.03 and a debt-to-equity ratio of 1.21. The company has a fifty day moving average of $15.21 and a two-hundred day moving average of $16.48.

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.

Further Reading

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