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

Key Points

• Sodexo shares fell below their 50-day moving average of $12.17, trading at a low of $12.02 before recovering slightly to $12.19.
• The company has a debt-to-equity ratio of 1.17, indicating a moderate level of debt related to its equity.
• Sodexo provides a range of services including food services and facilities management in various sectors such as corporate, healthcare, and education.

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $12.17 and traded as low as $12.02. Sodexo shares last traded at $12.19, with a volume of 23,322 shares.

Sodexo Price Performance

The firm's fifty day moving average price is $12.16 and its 200-day moving average price is $12.96. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.02 and a current ratio of 1.08.

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.