Adyen (OTCMKTS:ADYYF) Stock Falls 0.5% – Here’s Why

Adyen (OTCMKTS:ADYYF – Get Free Report) dropped 0.5% during mid-day trading on Tuesday. The company traded as low as $912.00 and last traded at $912.00. 439 shares were traded during mid-day trading, a decline of 27% from the average daily volume of 601 shares. The stock had previously closed at $917.01.

Adyen Stock Performance

The stock’s 50 day moving average price is $1,041.46 and its 200 day moving average price is $1,093.33.

About Adyen

(Get Free Report)

Adyen N.V. is a Netherlands-based financial technology company that operates a global payments platform for businesses. Its technology enables merchants to accept and process payments across online, mobile and physical retail channels through a single, integrated system.

The company provides payment acquiring, local and alternative payment methods, payment processing, fraud prevention and data analytics. Adyen also offers issuing services, allowing businesses to create and manage physical or virtual payment cards, as well as embedded financial products designed to support platforms and marketplaces.

Founded in Amsterdam in 2006 by Pieter van der Does and Arnout Schuijff, Adyen serves businesses across Europe, North America, Latin America, Asia-Pacific and other international markets.

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