Sodexo (OTCMKTS:SDXAY) Shares Up 4.5% – Here’s What Happened

Shares of Sodexo S.A. Sponsored ADR (OTCMKTS:SDXAY) shot up 4.5% on Monday. The company traded as high as $13.11 and last traded at $13.11. 2,095 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 162,168 shares. The stock had previously closed at $12.55.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on SDXAY shares. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Sodexo in a research note on Monday, July 20th. Zacks Research upgraded shares of Sodexo from a “strong sell” rating to a “hold” rating in a research note on Friday, September 18th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Sodexo in a research report on Friday, July 3rd. Morgan Stanley reiterated an “underweight” rating on shares of Sodexo in a research note on Tuesday, July 7th. Finally, Citigroup reiterated a “neutral” rating on shares of Sodexo in a research note on Monday. One equities 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. According to MarketBeat.com, Sodexo has an average rating of “Hold”.

Sodexo Stock Down 1.6%

The company’s fifty day moving average is $12.91 and its two-hundred day moving average is $11.51.

Sodexo Company Profile

Sodexo SA is a France-based company that provides food services and facilities management solutions to organizations and institutions. Its services include catering, food preparation, hospitality, cleaning, maintenance, reception, security, workplace management and other support services designed to help clients operate their facilities.

The company serves a broad range of customers, including businesses, hospitals and healthcare facilities, schools and universities, government agencies, sports and leisure venues, and remote work sites.