Sodexo (OTCMKTS:SDXAY) Hits New 52-Week Low – Here’s Why

Sodexo S.A. (OTCMKTS:SDXAY) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as $15.89 and last traded at $16.20, with a volume of 48019 shares traded. The stock had previously closed at $16.46.

Wall Street Analyst Weigh In

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

Sodexo Stock Down 1.6 %

The business’s 50-day moving average is $16.99 and its 200-day moving average is $17.65. The company has a current ratio of 1.08, a quick ratio of 1.03 and a debt-to-equity ratio of 1.21.

Sodexo Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 20th will be paid a $0.5696 dividend. The ex-dividend date is Friday, December 20th.

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.