Sodexo (OTCMKTS:SDXAY - Get Free Report) was downgraded by investment analysts at Hsbc Global Res from a "strong-buy" rating to a "hold" rating in a report issued on Thursday,Zacks.com reports.
Several other brokerages have also weighed in on SDXAY. Deutsche Bank Aktiengesellschaft lowered Sodexo to a "hold" rating in a report on Friday, March 21st. BNP Paribas lowered Sodexo from a "neutral" rating to an "underperform" rating in a research report on Thursday, January 16th. Barclays cut shares of Sodexo from a "strong-buy" rating to a "hold" rating in a report on Thursday. Finally, The Goldman Sachs Group lowered shares of Sodexo from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 26th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold".
Read Our Latest Research Report on SDXAY
Sodexo Stock Down 1.1 %
Sodexo stock traded down $0.14 during trading on Thursday, reaching $12.84. 61,702 shares of the company's stock were exchanged, compared to its average volume of 88,506. The company has a quick ratio of 1.03, a current ratio of 1.08 and a debt-to-equity ratio of 1.21. Sodexo has a 52-week low of $12.75 and a 52-week high of $20.55. The company's 50-day moving average is $15.02 and its two-hundred day moving average is $16.08.
Sodexo Company Profile
(
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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.
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