Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY) Receives Consensus Rating of “Moderate Buy” from Analysts

Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY) has earned an average rating of “Moderate Buy” from the twelve ratings firms that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and one has issued a strong buy recommendation on the company.

A number of brokerages have recently issued reports on ADYEY. BMO Capital Markets restated an “outperform” rating on shares of Adyen in a research report on Friday, August 14th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Adyen in a research report on Friday, August 14th. Scotiabank began coverage on shares of Adyen in a research note on Wednesday, September 2nd. They set an “outperform” rating for the company. Loop Capital initiated coverage on shares of Adyen in a report on Wednesday, July 15th. They issued a “hold” rating on the stock. Finally, BNP Paribas Exane cut shares of Adyen to a “neutral” rating in a research report on Monday, June 1st.

Adyen Trading Down 1.3%

Shares of ADYEY stock opened at $9.83 on Tuesday. The business’s 50 day simple moving average is $10.95 and its 200 day simple moving average is $10.50. Adyen has a one year low of $8.93 and a one year high of $18.34.

Adyen Company Profile

Adyen N.V. is a Netherlands-based financial technology company that provides a global payments platform for businesses. Founded in Amsterdam in 2006 by Pieter van der Does and Ingo Uytdehaage, the company enables merchants to accept and process payments through a single technology platform.

Adyen’s services support online, mobile and in-person transactions, with access to payment methods, card acquiring and local payment infrastructure in markets around the world. Its platform also includes tools for payment optimization, fraud prevention, risk management and transaction data analysis.

In addition to payment processing, Adyen offers embedded financial products such as issuing and business accounts, allowing companies to create payment cards and provide financial services to their users or employees.