Sodexo (OTCMKTS:SDXAY) Reaches New 1-Year Low – What’s Next?

Sodexo S.A. (OTCMKTS:SDXAY)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $14.68 and last traded at $14.89, with a volume of 116985 shares changing hands. The stock had previously closed at $15.08.

Analyst Upgrades and Downgrades

Separately, Citigroup raised Sodexo to a “strong-buy” rating in a report on Monday, September 16th.

Sodexo Price Performance

The company has a current ratio of 1.08, a quick ratio of 1.03 and a debt-to-equity ratio of 1.21. The stock has a fifty day moving average price of $16.70 and a two-hundred day moving average price of $17.37.

Sodexo Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders 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.