Sodexo (OTCMKTS:SDXAY) Reaches New 12-Month Low – Time to Sell?

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

Analyst Upgrades and Downgrades

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

Sodexo Trading Down 1.6 %

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 firm’s 50 day simple moving average is $17.00 and its 200 day simple moving average is $17.68.

Sodexo Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 20th will be given a dividend of $0.5696 per share. 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.