Edenred (OTCMKTS:EDNMY) Stock Price Up 0.6% – Here’s What Happened

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

Analyst Upgrades and Downgrades

Separately, Citigroup upgraded shares of Edenred to a “hold” rating in a research note on Tuesday, October 15th.

Edenred Price Performance

The company has a 50-day moving average price of $15.83 and a 200-day moving average price of $18.47.

About Edenred

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.