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Adyen (OTCMKTS:ADYEY) Hits New 12-Month High - What's Next?

Adyen logo with Computer and Technology background

Shares of Adyen (OTCMKTS:ADYEY - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $19.94 and last traded at $19.88, with a volume of 553034 shares trading hands. The stock had previously closed at $19.41.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Monness Crespi & Hardt restated a "buy" rating on shares of Adyen in a report on Friday, May 2nd. Evercore ISI upgraded shares of Adyen to a "strong-buy" rating in a report on Tuesday, April 8th. Morgan Stanley reaffirmed an "overweight" rating on shares of Adyen in a research report on Friday, March 7th. Finally, Truist Financial raised shares of Adyen to a "strong-buy" rating in a research report on Monday, June 2nd. Two research analysts have rated the stock with a buy rating and four have given a strong buy rating to the stock. According to MarketBeat, Adyen presently has an average rating of "Strong Buy".

Get Our Latest Report on Adyen

Adyen Trading Up 0.1%

The stock's 50-day moving average is $17.39 and its 200 day moving average is $16.48.

Adyen Company Profile

(Get Free Report)

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.

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