Edenred SE (OTCMKTS:EDNMY – Get Free Report) saw a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 300 shares, a drop of 88.0% from the February 28th total of 2,500 shares. Based on an average daily volume of 10,200 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.
Edenred Trading Up 2.4 %
Shares of Edenred stock traded up $0.40 during trading on Thursday, reaching $17.20. The company’s stock had a trading volume of 1,004 shares, compared to its average volume of 5,948. Edenred has a one year low of $14.00 and a one year high of $27.70. The business’s fifty day moving average price is $16.80 and its 200-day moving average price is $16.88.
Analyst Upgrades and Downgrades
Separately, Barclays lowered shares of Edenred from a “strong-buy” rating to a “hold” rating in a research note on Sunday, January 26th.
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.
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