Sodexo (OTCMKTS:SDXAY) Sees Unusually-High Trading Volume – What’s Next?
by Michael Walen · The Markets DailySodexo S.A. Sponsored ADR (OTCMKTS:SDXAY – Get Free Report) saw an uptick in trading volume on Thursday. 311,612 shares were traded during trading, an increase of 103% from the average daily volume of 153,462 shares. The stock last traded at $13.53 and had previously closed at $13.52.
Analyst Ratings Changes
SDXAY has been the topic of a number of analyst reports. Zacks Research raised Sodexo from a “strong sell” rating to a “hold” rating in a research note on Friday, September 18th. Citigroup restated a “neutral” rating on shares of Sodexo in a report on Monday, October 26th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Sodexo in a research report on Monday, July 20th. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold”.
Check Out Our Latest Stock Report on SDXAY
Sodexo Stock Performance
The stock’s 50-day moving average price is $12.92 and its 200 day moving average price is $11.69.
Sodexo Company Profile
Sodexo is a France-based provider of food services and facilities management. It prepares and serves meals and supports clients with services such as building maintenance, cleaning, reception, and workplace operations. The company serves organizations across a range of sectors, including business and industry, healthcare, education, sports and leisure, and government. Its operations span multiple countries, with services tailored to the needs of workplaces, schools, hospitals, and other institutions.