Sodexo (OTCMKTS:SDXAY) Stock Price Passes Below 50-Day Moving Average – What’s Next?

Sodexo S.A. (OTCMKTS:SDXAY) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $15.40 and traded as low as $15.10. Sodexo shares last traded at $15.25, with a volume of 28,115 shares.

Wall Street Analyst Weigh In

Separately, BNP Paribas cut shares of Sodexo from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 16th.

Sodexo Stock Up 1.7 %

The company has a debt-to-equity ratio of 1.21, a current ratio of 1.08 and a quick ratio of 1.03. The stock has a 50-day simple moving average of $15.40 and a two-hundred day simple moving average of $16.77.

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.