Short Interest in Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Declines By 26.6%

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 52,907 shares, a decrease of 26.6% from the November 30th total of 72,037 shares. Based on an average daily trading volume, of 245,454 shares, the short-interest ratio is presently 0.2 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 trading volume, of 245,454 shares, the short-interest ratio is presently 0.2 days.

Sodexo Price Performance

Sodexo stock opened at $10.17 on Tuesday. Sodexo has a 52 week low of $9.99 and a 52 week high of $17.24. The company has a current ratio of 1.08, a quick ratio of 1.03 and a debt-to-equity ratio of 1.18. The stock has a 50 day moving average of $10.87 and a 200-day moving average of $11.79.

Wall Street Analysts Forecast Growth

SDXAY has been the topic of several recent research reports. Kepler Capital Markets lowered Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 24th. Berenberg Bank lowered shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 24th. UBS Group downgraded shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 8th. Zacks Research raised shares of Sodexo from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 23rd. Finally, Citigroup downgraded shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 27th. Ten analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Sodexo presently has a consensus rating of “Reduce”.

About Sodexo

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.