Sodexo (OTCMKTS:SDXAY) Sets New 12-Month Low – Should You Sell?

Shares of Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) hit a new 52-week low on Monday . The stock traded as low as $9.99 and last traded at $10.2810, with a volume of 3240 shares. The stock had previously closed at $10.36.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on SDXAY shares. UBS Group lowered shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 8th. Citigroup cut Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 27th. Zacks Research raised Sodexo from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 23rd. Kepler Capital Markets downgraded Sodexo from a “strong-buy” rating to a “hold” rating in a report on Friday, October 24th. Finally, Berenberg Bank lowered shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 24th. Ten research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce”.

Sodexo Stock Down 1.0%

The firm’s fifty day moving average price is $10.92 and its 200-day moving average price is $11.81. The company has a quick ratio of 1.03, a current ratio of 1.08 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.