Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Sees Significant Growth in Short Interest

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 76,496 shares, a growth of 44.6% from the December 15th total of 52,907 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 130,409 shares, the short-interest ratio is currently 0.6 days. Based on an average trading volume of 130,409 shares, the short-interest ratio is currently 0.6 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Morgan Stanley lowered shares of Sodexo from an “overweight” rating to an “underweight” rating in a report on Wednesday, January 7th. Kepler Capital Markets downgraded Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 24th. UBS Group cut 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 note on Tuesday, December 23rd. Finally, Berenberg Bank cut shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 24th. Ten analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Sodexo currently has an average rating of “Reduce”.

Sodexo Trading Down 0.2%

Shares of SDXAY traded down $0.02 during mid-day trading on Friday, hitting $9.74. 80,798 shares of the company were exchanged, compared to its average volume of 84,743. Sodexo has a 1-year low of $9.68 and a 1-year high of $17.24. The company has a 50 day moving average of $10.46 and a 200-day moving average of $11.59. 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.