Adyen (OTCMKTS:ADYEY) Upgraded at Evercore ISI

Evercore ISI upgraded shares of Adyen (OTCMKTS:ADYEY) to a strong-buy rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of Adyen in a research 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. According to MarketBeat, Adyen currently has a consensus rating of “Strong Buy”.

Adyen Price Performance

Shares of OTCMKTS ADYEY traded down $0.77 during trading on Tuesday, hitting $15.24. The company had a trading volume of 1,105,200 shares, compared to its average volume of 665,937. The business’s 50-day moving average is $16.64 and its 200 day moving average is $15.54. Adyen has a 52 week low of $10.78 and a 52 week high of $19.39.

About Adyen

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.