Sodexo (OTCMKTS:SDXAY) Shares Cross Above 50 Day Moving Average – What’s Next?

Sodexo S.A. (OTCMKTS:SDXAYGet Free Report)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $17.20 and traded as high as $17.66. Sodexo shares last traded at $17.54, with a volume of 18,357 shares traded.

Wall Street Analyst Weigh In

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

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Sodexo Stock Up 0.7 %

The firm’s 50 day moving average price is $17.20 and its 200-day moving average price is $17.84.

About Sodexo

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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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