Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY – Get Free Report) saw an uptick in trading volume on Friday . 4,746,175 shares changed hands during mid-day trading, an increase of 179% from the previous session’s volume of 1,699,637 shares.The stock last traded at $9.36 and had previously closed at $9.29.
Wall Street Analyst Weigh In
Several research firms have commented on ADYEY. BNP Paribas Exane downgraded shares of Adyen to a “neutral” rating in a report on Monday, June 1st. BMO Capital Markets began coverage on shares of Adyen in a research report on Tuesday, April 21st. They issued an “outperform” rating on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Adyen in a research note on Monday, April 27th. Monness Crespi & Hardt reiterated a “buy” rating on shares of Adyen in a research note on Wednesday, May 6th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Adyen in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy”.
Read Our Latest Report on Adyen
Adyen Stock Up 1.0%
About Adyen
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.
Read More
- Five stocks we like better than Adyen
- Rocket Lab’s NASA Win Tests Key Support After Sharp Pullback
- AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
- Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
- Xcel Energy Stock Offers Stability as Electricity Demand Builds
Receive News & Ratings for Adyen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adyen and related companies with MarketBeat.com's FREE daily email newsletter.
