Adyen (OTCMKTS:ADYEY - Get Free Report) was the recipient of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 332,300 shares, a decrease of 37.3% from the May 15th total of 529,700 shares. Based on an average daily volume of 931,200 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the shares of the company are sold short.
Analyst Ratings Changes
Several brokerages recently weighed in on ADYEY. Monness Crespi & Hardt reissued a "buy" rating on shares of Adyen in a report on Friday, May 2nd. Morgan Stanley reiterated an "overweight" rating on shares of Adyen in a research note on Friday, March 7th. Evercore ISI upgraded shares of Adyen to a "strong-buy" rating in a research note on Tuesday, April 8th. Finally, Truist Financial upgraded shares of Adyen to a "strong-buy" rating in a research note on Monday, June 2nd. Two equities research analysts have rated the stock with a buy rating and four have given a strong buy rating to the company's stock. According to data from MarketBeat, Adyen has a consensus rating of "Strong Buy".
View Our Latest Analysis on Adyen
Adyen Price Performance
Adyen stock traded up $0.43 during trading hours on Monday, reaching $19.40. The stock had a trading volume of 1,497,564 shares, compared to its average volume of 638,331. The company has a fifty day simple moving average of $17.49 and a 200-day simple moving average of $16.53. Adyen has a 52 week low of $10.78 and a 52 week high of $19.94.
About Adyen
(
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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