Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Sees Large Increase in Short Interest

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) saw a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 291,023 shares, a growth of 88.9% from the January 29th total of 154,055 shares. Based on an average trading volume of 2,082,905 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 2,082,905 shares, the days-to-cover ratio is currently 0.1 days.

Sodexo Stock Down 1.0%

Shares of SDXAY stock opened at $11.04 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.08 and a debt-to-equity ratio of 1.18. The stock has a fifty day moving average price of $10.50 and a 200 day moving average price of $11.30. Sodexo has a one year low of $9.68 and a one year high of $17.24.

Analyst Upgrades and Downgrades

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