Adyen (OTCMKTS:ADYEY – Get Free Report) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totalling 380,400 shares, a decline of 8.4% from the September 15th total of 415,400 shares. Based on an average daily trading volume, of 1,693,000 shares, the short-interest ratio is currently 0.2 days.
Adyen Trading Up 1.4 %
ADYEY stock opened at $15.01 on Tuesday. Adyen has a fifty-two week low of $6.56 and a fifty-two week high of $17.27. The business’s fifty day moving average price is $14.35 and its two-hundred day moving average price is $13.61.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on the company. Citigroup raised Adyen to a “strong-buy” rating in a research report on Friday, August 16th. Barclays upgraded shares of Adyen to a “strong-buy” rating in a research note on Friday, August 16th.
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.
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