Sodexo (OTCMKTS:SDXAY) Shares Pass Below 50 Day Moving Average - Here's What Happened

Sodexo logo with Business Services background

Sodexo S.A. (OTCMKTS:SDXAY - Get Free Report) shares crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $16.20 and traded as low as $14.59. Sodexo shares last traded at $14.68, with a volume of 58,689 shares.

Analyst Upgrades and Downgrades

Separately, BNP Paribas downgraded Sodexo from a "neutral" rating to an "underperform" rating in a research note on Thursday, January 16th.

Read Our Latest Analysis on SDXAY

Sodexo Stock Up 1.0 %

The company's fifty day moving average is $16.15 and its 200-day moving average is $17.18. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.03 and a current ratio of 1.08.

Sodexo Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 20th were given a $0.5696 dividend. The ex-dividend date of this dividend was Friday, December 20th.

About Sodexo

(Get Free Report)

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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