Nexi S.p.A. (OTCMKTS:NEXXY) Stock Rated “Reduce” by Sell-Side Brokerages

Shares of Nexi S.p.A. (OTCMKTS:NEXXY) have been given an average rating of “Reduce” by the six analysts that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating on the company.

Separately, Citigroup restated a “neutral” rating on shares of Nexi in a research note on Wednesday, August 12th.

Nexi Stock Up 0.3%

Nexi stock opened at $4.54 on Thursday. Nexi has a 12-month low of $3.00 and a 12-month high of $5.59. The firm’s 50-day moving average is $4.79 and its two-hundred day moving average is $4.40.

Nexi Company Profile

Nexi S.p.A. is an Italian paytech company that provides digital payment infrastructure and transaction-processing services to financial institutions, merchants, businesses and public-sector organizations. The company supports card payments, account-based payments and other electronic payment methods across in-store, online and mobile channels.

Its services include merchant acquiring, payment acceptance and point-of-sale solutions, e-commerce payment gateways, card issuing and processing, digital banking services, automated teller machine management and related technology and security tools.