Short Interest in Sodexo S.A. (OTCMKTS:SDXAY) Expands By 96.6%

Sodexo S.A. (OTCMKTS:SDXAY - Get Free Report) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 11,600 shares, an increase of 96.6% from the February 28th total of 5,900 shares. Based on an average daily volume of 105,100 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company's shares are sold short.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on SDXAY shares. Hsbc Global Res cut shares of Sodexo from a "strong-buy" rating to a "hold" rating in a research report on Thursday, March 27th. The Goldman Sachs Group downgraded Sodexo from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 26th. Barclays cut Sodexo from a "strong-buy" rating to a "hold" rating in a report on Thursday, March 27th. BNP Paribas cut Sodexo from a "neutral" rating to an "underperform" rating in a research note on Thursday, January 16th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Sodexo to a "hold" rating in a research note on Friday, March 21st. One analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold".

Sodexo Price Performance

Shares of OTCMKTS:SDXAY traded down $0.10 during midday trading on Tuesday, reaching $12.68. The company had a trading volume of 124,987 shares, compared to its average volume of 89,249. Sodexo has a 1-year low of $12.68 and a 1-year high of $20.55. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.08 and a quick ratio of 1.03. The business's 50 day moving average price is $14.99 and its 200 day moving average price is $16.05.

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.