Edenred (OTCMKTS:EDNMY) Trading 0.6% Higher – Should You Buy?

Edenred SE (OTCMKTS:EDNMY)’s share price was up 0.6% during trading on Wednesday . The company traded as high as $17.00 and last traded at $16.10. Approximately 1,903 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 9,001 shares. The stock had previously closed at $16.00.

Analyst Ratings Changes

Separately, Citigroup upgraded Edenred to a “hold” rating in a report on Tuesday, October 15th.

Edenred Stock Performance

The firm’s 50 day moving average price is $15.83 and its two-hundred day moving average price is $18.47.

Edenred Company Profile

Edenred SE provides digital platform for services and payments for companies, employees, and merchants worldwide. It offers employee benefit solutions, including Ticket Restaurant, a solution that allows employees to take time out for lunch at a partner merchant; Ticket Alimentación that allows users to pay for groceries in neighborhood stores and supermarkets; Ticket Regalo, a gift voucher; Ticket CESU, a human services solution; Ticket Plus Card, a solution that enables the purchase of staples, such as food and fuel; Ticket Welfare, which employees can use to pay for a range of services, such as access to sports facilities and solutions for their children’s educational needs; Ticket Guardería for companies without on-site daycare facilities; Childcare Vouchers; Ticket EcoCheque, a solutions that encourages purchase of environmentally friendly products; Ticket Kadeos Culture and Ticket Cultura that are solutions for cultural goods and services.