Edenred Unspon (NASDAQ:EDNMY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Friday.

According to Zacks, “Edenred SA offers prepaid corporate solutions to individuals and organizations. The Company provides vouchers for restaurant meals, childcare and other products and services are used to reward employees and loyal customers. Edenred SA is headquartered in Malakoff, France. “

Shares of Edenred Unspon (NASDAQ EDNMY) traded down 0.424% during trading on Friday, reaching $13.632. The company’s stock had a trading volume of 655 shares. The company has a 50-day moving average price of $13.29 and a 200-day moving average price of $12.69. The stock has a market cap of $6.38 billion and a price-to-earnings ratio of 24.000. Edenred Unspon has a one year low of $9.65 and a one year high of $13.74.

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