Adyen (OTCMKTS:ADYEY) Upgraded at Citigroup

Citigroup upgraded shares of Adyen (OTCMKTS:ADYEY) to a strong-buy rating in a research report released on Friday, Zacks.com reports.

Adyen Price Performance

Shares of ADYEY stock opened at $14.57 on Friday. The stock has a 50 day simple moving average of $12.27 and a 200-day simple moving average of $13.85. Adyen has a 12-month low of $6.55 and a 12-month high of $17.27.

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.