Sodexo (OTCMKTS:SDXAY) Sets New 12-Month High – Here’s What Happened

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY)’s stock price reached a new 52-week high on Tuesday. The stock traded as high as $13.7188 and last traded at $13.6975, with a volume of 18,735 shares changing hands. The stock had previously closed at $13.58.

Wall Street Analysts Forecast Growth

SDXAY has been the subject of several recent research reports. Royal Bank Of Canada reissued a “sector perform” rating on shares of Sodexo in a research note on Monday, July 20th. Zacks Research upgraded shares of Sodexo from a “strong sell” rating to a “hold” rating in a research report on Friday, September 18th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Sodexo in a report on Monday, October 26th. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Sodexo Stock Performance

The company has a fifty day simple moving average of $12.92 and a 200-day simple moving average of $11.66.

About Sodexo

Sodexo is a France-based provider of food services and facilities management. It prepares and serves meals and supports clients with services such as building maintenance, cleaning, reception, and workplace operations. The company serves organizations across a range of sectors, including business and industry, healthcare, education, sports and leisure, and government. Its operations span multiple countries, with services tailored to the needs of workplaces, schools, hospitals, and other institutions.