Adyen (OTCMKTS:ADYEY) Now Covered by Sanford C. Bernstein

Research analysts at Sanford C. Bernstein began coverage on shares of Adyen (OTCMKTS:ADYEY – Get Rating) in a report released on Friday, The Fly reports. The firm set an “outperform” rating on the stock.

Adyen Stock Up 2.7 %

OTCMKTS ADYEY opened at $16.03 on Friday. The firm’s 50-day moving average is $15.63 and its two-hundred day moving average is $15.06. Adyen has a 12 month low of $11.53 and a 12 month high of $19.44.

About Adyen

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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 payments across merchants' sales channels, as well as online, mobile, in-store, and APIs; and data insights.