Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY – Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $9.78, but opened at $10.30. Adyen shares last traded at $10.30, with a volume of 313,237 shares trading hands.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Adyen in a report on Monday, April 27th. BNP Paribas Exane downgraded shares of Adyen to a “neutral” rating in a report on Monday. Monness Crespi & Hardt reiterated a “buy” rating on shares of Adyen in a report on Wednesday, May 6th. BMO Capital Markets assumed coverage on shares of Adyen in a report on Tuesday, April 21st. They issued an “outperform” rating for the company. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Adyen in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Adyen presently has an average rating of “Buy”.
View Our Latest Analysis on Adyen
Adyen Stock Up 6.0%
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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