Sodexo (OTCMKTS:SDXAY) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

Shares of Sodexo S.A. (OTCMKTS:SDXAYGet Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $16.94 and traded as low as $15.97. Sodexo shares last traded at $16.03, with a volume of 35,579 shares.

Analyst Ratings Changes

Separately, Citigroup upgraded shares of Sodexo to a “strong-buy” rating in a research note on Monday, September 16th.

Check Out Our Latest Stock Report on SDXAY

Sodexo Stock Performance

The firm has a 50 day moving average price of $16.91 and a 200 day moving average price of $17.49. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.08 and a quick ratio of 1.03.

Sodexo Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 20th were paid 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.

Read More

Receive News & Ratings for Sodexo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sodexo and related companies with MarketBeat.com's FREE daily email newsletter.