Sodexo (OTCMKTS:SDXAY) Shares Pass Below 50 Day Moving Average - What's Next?

Key Points

• Sodexo's share price has fallen below its 50-day moving average of $12.61, trading as low as $12.41 during recent sessions.
• The company reported a current ratio of 1.08 and a debt-to-equity ratio of 1.17, indicating stable short-term liquidity and moderate leverage.
• Sodexo provides a variety of services including food services and facilities management across various sectors such as healthcare, education, and corporate environments.

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY - Get Free Report)'s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $12.61 and traded as low as $12.41. Sodexo shares last traded at $12.50, with a volume of 31,160 shares traded.

Sodexo Stock Performance

The company has a current ratio of 1.08, a quick ratio of 1.02 and a debt-to-equity ratio of 1.17. The company's 50-day simple moving average is $12.60 and its 200 day simple moving average is $13.50.

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.