Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) Sees Significant Decline in Short Interest

Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) was the recipient of a large decline in short interest in February. As of February 27th, there was short interest totaling 77,398 shares, a decline of 73.4% from the February 12th total of 291,023 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 199,675 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 199,675 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

SDXAY has been the subject of several recent research reports. Morgan Stanley downgraded Sodexo from an “overweight” rating to an “underweight” rating in a report on Wednesday, January 7th. Citigroup cut Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 27th. UBS Group downgraded shares of Sodexo from a “strong-buy” rating to a “hold” rating in a report on Monday, December 8th. Finally, Zacks Research upgraded shares of Sodexo from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 23rd. Nine research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Reduce”.

Sodexo Price Performance

Shares of SDXAY opened at $10.37 on Wednesday. The stock has a 50 day moving average of $10.54 and a 200 day moving average of $11.20. Sodexo has a 12 month low of $9.68 and a 12 month high of $17.24. The company has a quick ratio of 1.03, a current ratio of 1.08 and a debt-to-equity ratio of 1.18.

Sodexo Company Profile

Sodexo is a global provider of integrated facilities management and food services, offering a wide range of solutions designed to enhance quality of life for clients across corporate, education, healthcare, remote site and sports & leisure markets. The company’s core activities include workplace dining and catering, reception and concierge services, cleaning and technical maintenance, security, grounds maintenance, and energy management. Sodexo partners with organizations to streamline operations, improve employee engagement and well-being, and ensure safe, sustainable environments.

Founded in 1966 by Pierre Bellon in Marseille, France, Sodexo has grown through both organic expansion and strategic acquisitions.