Sodexo (OTCMKTS:SDXAY) Reaches New 1-Year Low – Here’s Why

Sodexo S.A. (OTCMKTS:SDXAY) hit a new 52-week low during trading on Tuesday . The company traded as low as $14.98 and last traded at $15.11, with a volume of 70027 shares. The stock had previously closed at $16.23.

Analyst Ratings Changes

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

Sodexo Price Performance

The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.03 and a current ratio of 1.08. The business’s 50 day simple moving average is $16.79 and its 200-day simple moving average is $17.43.

Sodexo Cuts Dividend

The company also recently announced 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

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.