Zacks Investment Research cut shares of Edenred Unspon (NASDAQ:EDNMY) from a buy rating to a hold rating in a research report released 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. “

Edenred Unspon (NASDAQ EDNMY) opened at 13.99 on Friday. The company has a market cap of $6.55 billion and a price-to-earnings ratio of 24.63. The company’s 50-day moving average is $13.29 and its 200 day moving average is $12.69. Edenred Unspon has a 1-year low of $9.65 and a 1-year high of $13.74.

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