Adyen (OTCMKTS:ADYYF) Trading Up 2.3%

Adyen (OTCMKTS:ADYYFGet Free Report) shares shot up 2.3% during mid-day trading on Monday . The company traded as high as $1,627.00 and last traded at $1,622.00. 96 shares traded hands during trading, a decline of 16% from the average session volume of 114 shares. The stock had previously closed at $1,585.54.

Analysts Set New Price Targets

Separately, Bank of America upgraded Adyen from a “neutral” rating to a “buy” rating in a research report on Friday, November 10th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, Adyen has an average rating of “Hold”.

Read Our Latest Stock Analysis on Adyen

Adyen Stock Up 2.3 %

The business has a 50 day simple moving average of $1,288.23 and a 200-day simple moving average of $1,092.00.

About Adyen

(Get Free Report)

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.

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