Wirecard (WRCDF) Receives Sell Rating from Citigroup

Wirecard (OTCMKTS:WRCDF)‘s stock had its “sell” rating restated by analysts at Citigroup in a research report issued to clients and investors on Friday.

Several other equities research analysts also recently issued reports on WRCDF. Goldman Sachs Group restated a “buy” rating on shares of Wirecard in a research note on Tuesday, January 29th. DZ Bank restated a “buy” rating on shares of Wirecard in a research note on Wednesday, January 30th.

Shares of Wirecard stock traded down $5.31 during midday trading on Friday, hitting $118.69. The company had a trading volume of 208 shares, compared to its average volume of 1,587. Wirecard has a 1-year low of $101.00 and a 1-year high of $227.94.

About Wirecard

Wirecard AG, a technology company, provides outsourcing and white label solutions for electronic payment transactions worldwide. The company operates through three segments: Payment Processing & Risk Management, Acquiring & Issuing, and Call Center & Communication Services. The Payment Processing & Risk Management segment provides products and service for the acceptance or transactions, and the processing of electronic payments and associated processes.

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