Adyen (OTCMKTS:ADYEY) Upgraded at Evercore ISI

Adyen (OTCMKTS:ADYEY) was upgraded by analysts at Evercore ISI to a “strong-buy” rating in a research note issued on Tuesday,Zacks.com reports.

Separately, Morgan Stanley restated an “overweight” rating on shares of Adyen in a report on Friday, March 7th. One investment analyst has rated the stock with a buy rating and four have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Adyen currently has a consensus rating of “Strong Buy”.

Adyen Trading Down 4.8 %

Shares of ADYEY stock traded down $0.77 during mid-day trading on Tuesday, reaching $15.24. The stock had a trading volume of 1,105,200 shares, compared to its average volume of 665,937. Adyen has a 12-month low of $10.78 and a 12-month high of $19.39. The business has a 50-day simple moving average of $16.64 and a 200 day simple moving average of $15.54.

Adyen Company Profile

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.