Sodexo (OTCMKTS:SDXAY) Cut to Underperform at BNP Paribas

BNP Paribas lowered shares of Sodexo (OTCMKTS:SDXAY - Free Report) from a neutral rating to an underperform rating in a report published on Thursday morning, Marketbeat reports.

Sodexo Stock Down 2.8 %

Sodexo stock traded down $0.42 during midday trading on Thursday, hitting $14.40. 95,215 shares of the company's stock were exchanged, compared to its average volume of 120,911. The company has a quick ratio of 1.03, a current ratio of 1.08 and a debt-to-equity ratio of 1.21. The firm has a 50-day moving average of $16.53 and a two-hundred day moving average of $17.31. Sodexo has a 12 month low of $14.30 and a 12 month high of $25.00.

Sodexo Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 20th were issued a dividend of $0.5696 per share. The ex-dividend date was Friday, December 20th.

About Sodexo

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.