Sodexo (OTCMKTS:SDXAY) Reaches New 52-Week Low - Here's What Happened

Sodexo S.A. (OTCMKTS:SDXAY - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $11.56 and last traded at $11.60, with a volume of 474555 shares. The stock had previously closed at $11.73.

Wall Street Analyst Weigh In

SDXAY has been the topic of a number of recent analyst reports. The Goldman Sachs Group downgraded shares of Sodexo from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 26th. Barclays cut Sodexo from a "strong-buy" rating to a "hold" rating in a research note on Thursday, March 27th. HSBC cut Sodexo to a "hold" rating in a research report on Thursday, March 27th. Hsbc Global Res cut Sodexo from a "strong-buy" rating to a "hold" rating in a research note on Thursday, March 27th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Sodexo to a "hold" rating in a research note on Friday, March 21st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold".

Sodexo Stock Performance

The firm has a fifty day simple moving average of $14.43 and a 200-day simple moving average of $15.68. The company has a current ratio of 1.08, a quick ratio of 1.03 and a debt-to-equity ratio of 1.21.

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.