Short Interest in Sodexo S.A. (OTCMKTS:SDXAY) Decreases By 31.9%

Sodexo S.A. (OTCMKTS:SDXAY) saw a large decrease in short interest in March. As of March 31st, there was short interest totalling 7,900 shares, a decrease of 31.9% from the March 15th total of 11,600 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 316,100 shares, the short-interest ratio is currently 0.0 days.

Sodexo Stock Up 0.9 %

Sodexo stock traded up $0.11 during midday trading on Friday, reaching $12.76. The company’s stock had a trading volume of 33,806 shares, compared to its average volume of 109,788. The company has a current ratio of 1.08, a quick ratio of 1.03 and a debt-to-equity ratio of 1.21. The stock’s 50-day simple moving average is $14.26 and its 200-day simple moving average is $15.57. Sodexo has a 52-week low of $11.56 and a 52-week high of $20.55.

Analysts Set New Price Targets

SDXAY has been the subject of a number of recent research reports. BNP Paribas downgraded shares of Sodexo from a “neutral” rating to an “underperform” rating in a research note on Thursday, January 16th. HSBC lowered Sodexo to a “hold” rating in a research report on Thursday, March 27th. The Goldman Sachs Group downgraded Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 26th. Hsbc Global Res lowered shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 27th. Finally, Barclays downgraded shares of Sodexo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 27th. One analyst has rated the stock with a sell rating, five have given a hold rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

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.