Short Interest in Sodexo S.A. (OTCMKTS:SDXAY) Increases By 96.6%

Sodexo S.A. (OTCMKTS:SDXAY) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 11,600 shares, a growth of 96.6% from the February 28th total of 5,900 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 105,100 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

A number of research firms have recently issued reports on SDXAY. Deutsche Bank Aktiengesellschaft lowered Sodexo to a “hold” rating in a research note on Friday, March 21st. BNP Paribas lowered Sodexo from a “neutral” rating to an “underperform” rating in a report on Thursday, January 16th. Hsbc Global Res cut shares of Sodexo from a “strong-buy” rating to a “hold” rating in a report on Thursday. Barclays downgraded Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Thursday. Finally, The Goldman Sachs Group lowered shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold”.

Sodexo Price Performance

Shares of Sodexo stock traded down $0.03 during midday trading on Friday, hitting $12.93. The company’s stock had a trading volume of 62,118 shares, compared to its average volume of 89,095. Sodexo has a 1-year low of $12.86 and a 1-year high of $20.55. 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 stock has a 50-day simple moving average of $15.02 and a 200-day simple moving average of $16.10.

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.