Shares of Edenred (OTCMKTS:EDNMY – Get Free Report) saw strong trading volume on Thursday . Approximately 328,002 shares changed hands during mid-day trading, an increase of 1,709% from the previous session’s volume of 18,129 shares.The stock last traded at $12.96 and had previously closed at $12.70.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on EDNMY. Jefferies Financial Group reissued a “hold” rating on shares of Edenred in a research note on Wednesday, June 10th. Kepler Capital Markets raised Edenred to a “strong-buy” rating in a research note on Sunday, March 15th. Citigroup reaffirmed a “neutral” rating on shares of Edenred in a report on Friday, April 24th. Finally, Zacks Research upgraded Edenred from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.
Check Out Our Latest Analysis on EDNMY
Edenred Stock Performance
Edenred Company Profile
Edenred is a global leader in prepaid corporate services, offering a suite of digital and paper-based solutions designed to enhance employee benefits, streamline expense management and support corporate fleets. The company originated in 1962 as part of the Accor group and was listed as an independent entity on Euronext Paris in 2010. Today, Edenred operates under the Ticket Restaurant® brand, which remains a flagship offering for meal voucher programs, alongside a host of other employee engagement and incentive tools.
The company’s core products and services include employee benefits such as meal vouchers, food allowances and leisure gift certificates, as well as incentive and rewards programs that help organizations motivate and recognize their workforce.
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