Sodexo (OTCMKTS:SDXOF) Stock Price Up 6.9% – Still a Buy?

Sodexo S.A. (OTCMKTS:SDXOFGet Free Report) shares were up 6.9% during mid-day trading on Wednesday . The stock traded as high as $61.96 and last traded at $59.56. 200 shares changed hands during trading, a decline of 95% from the average session volume of 4,100 shares. The stock had previously closed at $55.69.

Sodexo Stock Performance

The stock’s 50-day moving average is $52.66 and its 200-day moving average is $52.17.

About Sodexo

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Sodexo is a global leader in food services and facilities management, delivering integrated solutions that enhance the quality of life for its clients and the people they serve. The company’s business activities span corporate dining, education catering, healthcare and senior living services, remote site management for energy and resources, as well as employee engagement and recognition programs.

Founded in 1966 by Pierre Bellon in Marseille, France, Sodexo has grown into a multinational organization operating in more than 50 countries.

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