Sodexo S.A. (OTCMKTS:SDXOF – Get Free Report) saw a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 31,300 shares, a drop of 26.4% from the January 31st total of 42,500 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 313.0 days.
Sodexo Price Performance
Shares of Sodexo stock remained flat at $74.23 on Tuesday. The business has a 50-day moving average price of $75.64 and a 200-day moving average price of $84.10. Sodexo has a 12-month low of $72.13 and a 12-month high of $112.80.
Sodexo Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Monday, December 23rd. Stockholders of record on Friday, December 20th were issued a $2.65 dividend. The ex-dividend date was Thursday, December 19th. Sodexo’s payout ratio is 50.78%.
Sodexo Company Profile
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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