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Adyen (OTCMKTS:ADYEY) Stock Price Down 4.5% - Time to Sell?

Adyen logo with Computer and Technology background

Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY - Get Free Report) fell 4.5% during mid-day trading on Thursday . The company traded as low as $17.59 and last traded at $17.66. 213,672 shares traded hands during mid-day trading, a decline of 66% from the average session volume of 619,683 shares. The stock had previously closed at $18.48.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on ADYEY shares. Truist Financial raised Adyen to a "strong-buy" rating in a report on Monday, June 2nd. Monness Crespi & Hardt reaffirmed a "buy" rating on shares of Adyen in a report on Friday, May 2nd. Finally, Evercore ISI raised Adyen to a "strong-buy" rating in a report on Tuesday, April 8th. Two research analysts have rated the stock with a buy rating and four have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Adyen has an average rating of "Strong Buy".

Get Our Latest Stock Analysis on ADYEY

Adyen Trading Down 0.2%

The stock's 50 day moving average is $18.39 and its 200 day moving average is $16.91.

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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