Shares of Adyen (OTCMKTS:ADYEY - Get Free Report) dropped 0.6% during mid-day trading on Wednesday . The company traded as low as $18.15 and last traded at $18.23. Approximately 337,367 shares traded hands during trading, a decline of 49% from the average daily volume of 661,186 shares. The stock had previously closed at $18.34.
Analysts Set New Price Targets
ADYEY has been the topic of a number of recent analyst reports. Morgan Stanley reiterated an "overweight" rating on shares of Adyen in a research report on Friday, March 7th. Evercore ISI upgraded Adyen to a "strong-buy" rating in a research report on Tuesday, April 8th. Finally, Monness Crespi & Hardt restated a "buy" rating on shares of Adyen in a research report on Friday, May 2nd. Two analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Strong Buy".
Check Out Our Latest Research Report on ADYEY
Adyen Price Performance
The firm has a 50-day moving average price of $16.65 and a two-hundred day moving average price of $16.17.
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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