Adyen (OTCMKTS:ADYEY - Get Free Report) was upgraded by equities research analysts at Monness Crespi & Hardt from a "hold" rating to a "strong-buy" rating in a research note issued to investors on Tuesday, April 8th,Zacks.com reports.
Other equities analysts have also recently issued reports about the stock. Morgan Stanley reaffirmed an "overweight" rating on shares of Adyen in a research note on Friday, March 7th. Evercore ISI raised shares of Adyen to a "strong-buy" rating in a report on Tuesday, April 8th. One research analyst has rated the stock with a buy rating and four have given a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Strong Buy".
Read Our Latest Analysis on Adyen
Adyen Trading Up 1.8 %
ADYEY stock traded up $0.29 on Tuesday, reaching $16.23. 1,504,112 shares of the company's stock were exchanged, compared to its average volume of 681,503. The stock has a fifty day moving average of $16.60 and a 200-day moving average of $15.55. Adyen has a twelve month low of $10.78 and a twelve month high of $19.39.
About Adyen
(
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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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