Adyen (OTCMKTS:ADYEY) Hits New 1-Year High - Here's What Happened

Adyen (OTCMKTS:ADYEY - Get Free Report)'s share price hit a new 52-week high during trading on Thursday . The company traded as high as $19.49 and last traded at $19.29, with a volume of 235632 shares. The stock had previously closed at $19.14.

Analyst Ratings Changes

A number of research firms have issued reports on ADYEY. Evercore ISI raised Adyen to a "strong-buy" rating in a research note on Tuesday, April 8th. Truist Financial raised shares of Adyen to a "strong-buy" rating in a research note on Monday. Monness Crespi & Hardt reissued a "buy" rating on shares of Adyen in a research report on Friday, May 2nd. Finally, Morgan Stanley restated an "overweight" rating on shares of Adyen in a research note on Friday, March 7th. 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 presently has a consensus rating of "Strong Buy".

Adyen Trading Up 0.8%

The firm's 50-day moving average price is $16.87 and its two-hundred day moving average price is $16.25.

Adyen Company Profile

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.