INGENICO GROUP UNSP ADR EACH REPR 1/5 (INGIY) Lowered to Sell at Zacks Investment Research

INGENICO GROUP UNSP ADR EACH REPR 1/5 (OTCMKTS:INGIY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Thursday.

According to Zacks, “Ingenico S.A. operates as a provider of payment solutions. It offers solutions for electronic payment transactions including hardware, software and services across all channels (point of sale, mobile, online). The Company operates under through three businesses, Smart Terminals, Payment Services and Mobile Solutions. Ingenico operates smart terminals under the Ingenico Smart terminals brand. It offers Ingenico Payment Services for digital transactions that enable merchants manage, collect, secure their payments, and prevent fraud on any digital transaction. The Company provides an end-to-end mobile commerce platform enabling customers of various sizes to deliver enterprise level mobile point of sale solutions under the Ingenico Mobile Solutions brand name. Ingenico S.A. is headquartered in Paris, France. “

Shares of INGENICO GROUP UNSP ADR EACH REPR 1/5 (OTCMKTS:INGIY) traded down 0.14% during midday trading on Thursday, reaching $21.84. 5,722 shares of the company’s stock were exchanged. INGENICO GROUP UNSP ADR EACH REPR 1/5 has a one year low of $19.45 and a one year high of $28.60. The firm has a 50 day moving average of $23.01 and a 200-day moving average of $22.59. The stock has a market cap of $6.63 billion and a price-to-earnings ratio of 26.71.