Edenred (OTCMKTS:EDNMY – Get Free Report) shares gapped down before the market opened on Wednesday. The stock had previously closed at $16.75, but opened at $14.90. Edenred shares last traded at $14.90, with a volume of 351 shares traded.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Edenred in a research note on Monday, August 3rd. Morgan Stanley restated an “overweight” rating on shares of Edenred in a research report on Monday, September 21st. Citigroup reaffirmed a “neutral” rating on shares of Edenred in a research note on Thursday, July 30th. Finally, Zacks Research upgraded Edenred from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.
View Our Latest Analysis on EDNMY
Edenred Stock Performance
The company’s 50-day moving average price is $16.49 and its two-hundred day moving average price is $14.35.
Edenred Company Profile
Edenred SE is a France-based provider of digital payment and service solutions for employers, employees, merchants and public institutions. The company operates platforms that connect organizations with beneficiaries and affiliated merchants, helping manage employee benefits, business expenses, mobility programs and social assistance.
Its products and services include meal and food vouchers, employee engagement and incentive solutions, corporate payment cards, expense-management tools, fleet and fuel payments, toll services, and mobility-related benefits.
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