Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY) Receives Consensus Recommendation of "Strong Buy" from Brokerages

Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY - Get Free Report) has earned an average recommendation of "Strong Buy" from the six research firms that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a buy rating and four have given a strong buy rating to the company.

ADYEY has been the subject of a number of research reports. Monness Crespi & Hardt reiterated a "buy" rating on shares of Adyen in a research report on Friday, May 2nd. Truist Financial raised shares of Adyen to a "strong-buy" rating in a report on Monday, June 2nd. Evercore ISI raised shares of Adyen to a "strong-buy" rating in a report on Tuesday, April 8th. Finally, Morgan Stanley restated an "overweight" rating on shares of Adyen in a research report on Friday, March 7th.

Adyen Stock Performance

OTCMKTS:ADYEY traded down $0.29 during trading hours on Friday, reaching $18.02. The stock had a trading volume of 410,535 shares, compared to its average volume of 447,433. Adyen has a 12-month low of $10.78 and a 12-month high of $19.94. The stock has a 50 day simple moving average of $18.12 and a 200 day simple moving average of $16.77.

About Adyen

Adyen N.V. operates a payments platform in Europe, the Middle East, Africa, North America, the Asia Pacific, Latin America. The company's platform integrates payments stack that include gateway, risk management, processing, issuing, acquiring, and settlement services. It offers a back-end infrastructure for authorizing.