Sodexo (OTCMKTS:SDXAY) Share Price Passes Above 50-Day Moving Average – Should You Sell?

Sodexo S.A. (OTCMKTS:SDXAY)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $15.23 and traded as high as $16.06. Sodexo shares last traded at $15.90, with a volume of 179,326 shares traded.

Wall Street Analyst Weigh In

Separately, BNP Paribas cut Sodexo from a “neutral” rating to an “underperform” rating in a report on Thursday, January 16th.

Sodexo Trading Down 2.4 %

The business has a fifty day simple moving average of $15.23 and a 200-day simple moving average of $16.38. 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 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.