Sodexo (OTCMKTS:SDXAY) Stock Price Down 0.2% – Should You Sell?

Sodexo S.A. (OTCMKTS:SDXAY) shares fell 0.2% on Thursday . The stock traded as low as $16.70 and last traded at $16.75. 215,234 shares traded hands during trading, an increase of 486% from the average session volume of 36,723 shares. The stock had previously closed at $16.78.

Analyst Upgrades and Downgrades

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

Sodexo Stock Performance

The company has a fifty day moving average of $16.98 and a two-hundred day moving average of $17.74. 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 business also recently declared a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 20th will be given a $0.5696 dividend. The ex-dividend date of this dividend is 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.