Sodexo (OTCMKTS:SDXAY) Downgraded to "Strong Sell" Rating by Zacks Research

Key Points

• Sodexo has been downgraded by Zacks Research from a "hold" rating to a "strong sell" rating, indicating a negative outlook for the company's stock performance.
• The company's stock opened at $12.52 and has a significant trading range, with a 52-week low of $11.56 and a high of $17.99.
• Sodexo provides a range of services including food services and facilities management across various sectors, including corporate, healthcare, and education.

Sodexo (OTCMKTS:SDXAY - Get Free Report) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating in a note issued to investors on Tuesday,Zacks.com reports.

Sodexo Price Performance

Shares of Sodexo stock opened at $12.52 on Tuesday. The company has a 50 day moving average price of $12.38 and a 200 day moving average price of $12.47. The company has a quick ratio of 1.02, a current ratio of 1.08 and a debt-to-equity ratio of 1.17. Sodexo has a 52 week low of $11.56 and a 52 week high of $17.99.

Sodexo Company Profile

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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