Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Short Interest Down 73.4% in February

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAYGet Free Report) was the target of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 77,398 shares, a decline of 73.4% from the February 12th total of 291,023 shares. Based on an average daily volume of 199,675 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 199,675 shares, the days-to-cover ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on SDXAY. UBS Group lowered Sodexo from a “strong-buy” rating to a “hold” rating in a report on Monday, December 8th. Morgan Stanley lowered Sodexo from an “overweight” rating to an “underweight” rating in a research report on Wednesday, January 7th. Citigroup cut Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 27th. Finally, Zacks Research raised Sodexo from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 23rd. Nine research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Reduce”.

Read Our Latest Report on Sodexo

Sodexo Stock Down 1.1%

Shares of OTCMKTS SDXAY opened at $10.26 on Thursday. The company has a 50 day simple moving average of $10.54 and a two-hundred day simple moving average of $11.19. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.03 and a current ratio of 1.08. Sodexo has a 12 month low of $9.68 and a 12 month high of $16.56.

Sodexo Company Profile

(Get Free Report)

Sodexo is a global provider of integrated facilities management and food services, offering a wide range of solutions designed to enhance quality of life for clients across corporate, education, healthcare, remote site and sports & leisure markets. The company’s core activities include workplace dining and catering, reception and concierge services, cleaning and technical maintenance, security, grounds maintenance, and energy management. Sodexo partners with organizations to streamline operations, improve employee engagement and well-being, and ensure safe, sustainable environments.

Founded in 1966 by Pierre Bellon in Marseille, France, Sodexo has grown through both organic expansion and strategic acquisitions.

Further Reading

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