Adyen (OTCMKTS:ADYEY – Get Rating)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $13.29 and last traded at $14.10, with a volume of 1879312 shares trading hands. The stock had previously closed at $13.83.
ADYEY has been the topic of several recent research reports. Wells Fargo & Company started coverage on Adyen in a research report on Monday, April 4th. They set an “overweight” rating on the stock. DA Davidson reaffirmed a “buy” rating on shares of Adyen in a research report on Thursday, February 10th. Redburn Partners lowered shares of Adyen from a “buy” rating to a “neutral” rating in a research report on Friday, January 14th. KeyCorp lowered their target price on shares of Adyen from €2,750.00 ($2,894.74) to €2,500.00 ($2,631.58) in a research note on Thursday, February 10th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Adyen from a “hold” rating to a “buy” rating in a research report on Tuesday, February 15th. Four investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $2,075.00.
The company has a 50 day moving average of $18.16 and a two-hundred day moving average of $22.48.
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 payments across merchants' sales channels, as well as online, mobile, in-store, and APIs; and data insights.
- Get a free copy of the StockNews.com research report on Adyen (ADYEY)
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