Adyen (OTCMKTS:ADYEY) Stock Rating Upgraded by Monness Crespi & Hardt

by · The Cerbat Gem

Adyen (OTCMKTS:ADYEYGet Free Report) was upgraded by stock analysts at Monness Crespi & Hardt from a “hold” rating to a “strong-buy” rating in a research report issued on Tuesday,Zacks.com reports.

A number of other equities research analysts have also recently weighed in on the company. Morgan Stanley reaffirmed an “overweight” rating on shares of Adyen in a research note on Friday, March 7th. Evercore ISI upgraded Adyen to a “strong-buy” rating in a research note on Tuesday. One equities research analyst has rated the stock with a buy rating and four have issued a strong buy rating to the stock. According to MarketBeat, Adyen has an average rating of “Strong Buy”.

Get Our Latest Analysis on ADYEY

Adyen Price Performance

Shares of Adyen stock traded down $0.77 on Tuesday, reaching $15.24. The company had a trading volume of 1,105,200 shares, compared to its average volume of 665,937. The firm’s 50 day moving average price is $16.64 and its two-hundred day moving average price is $15.54. Adyen has a 52-week low of $10.78 and a 52-week high of $19.39.

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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