Sodexo (OTCMKTS:SDXAY) Lowered to “Underperform” Rating by BNP Paribas

BNP Paribas cut shares of Sodexo (OTCMKTS:SDXAY) from a neutral rating to an underperform rating in a research report released on Thursday, MarketBeat reports.

Sodexo Trading Down 2.8 %

OTCMKTS SDXAY opened at $14.40 on Thursday. Sodexo has a 52 week low of $14.30 and a 52 week high of $25.00. 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 stock’s 50 day moving average price is $16.53 and its two-hundred day moving average price is $17.31.

Sodexo Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 20th were issued a dividend of $0.5696 per share. The ex-dividend date of this dividend was Friday, December 20th.

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.