Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY – Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $9.52, but opened at $9.02. Adyen shares last traded at $9.1280, with a volume of 73,929 shares changing hands.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on the company. BMO Capital Markets assumed coverage on Adyen in a research note on Tuesday, April 21st. They issued an “outperform” rating for the company. BNP Paribas Exane downgraded Adyen to a “neutral” rating in a research note on Monday, June 1st. Jefferies Financial Group restated a “buy” rating on shares of Adyen in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Adyen in a research report on Monday, April 27th. Finally, Monness Crespi & Hardt reiterated a “buy” rating on shares of Adyen in a research report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy”.
Read Our Latest Stock Report on ADYEY
Adyen Trading Down 1.5%
Adyen Company Profile
Adyen is a global payments technology company that provides an end-to-end platform for accepting and processing electronic payments across online, mobile and point-of-sale channels. Its core services include payment gateway and acquiring capabilities, fraud prevention and risk management, settlement and reconciliation, and tools for recurring and marketplace payments. The platform is designed to consolidate multiple payment functions into a single integration, enabling merchants to accept a wide range of local and international payment methods and currencies.
Founded in 2006 and headquartered in Amsterdam, Adyen was established by Pieter van der Does and Arnout Schuijff to simplify cross-border payments for international merchants.
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