WIRECARD AG/ADR (OTCMKTS:WCAGY) Given Average Recommendation of “Hold” by Analysts

WIRECARD AG/ADR (OTCMKTS:WCAGY) has been assigned a consensus recommendation of “Hold” from the nine research firms that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating and eight have issued a hold rating on the company.

A number of analysts have recently weighed in on WCAGY shares. HSBC lowered shares of WIRECARD AG/ADR from a “buy” rating to a “hold” rating in a research note on Monday, May 4th. Barclays lowered shares of WIRECARD AG/ADR from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, May 6th. Morgan Stanley lowered shares of WIRECARD AG/ADR from an “overweight” rating to an “equal weight” rating in a research note on Friday, May 1st. ValuEngine upgraded shares of WIRECARD AG/ADR from a “sell” rating to a “hold” rating in a research report on Sunday, July 26th. Finally, Goldman Sachs Group lowered shares of WIRECARD AG/ADR from a “buy” rating to a “neutral” rating in a research report on Thursday, April 16th.

Shares of OTCMKTS:WCAGY traded down $0.01 during midday trading on Tuesday, reaching $1.13. The company’s stock had a trading volume of 67,987 shares, compared to its average volume of 470,484. The firm has a market capitalization of $278.47 million, a PE ratio of 0.51 and a beta of 0.42. WIRECARD AG/ADR has a twelve month low of $0.61 and a twelve month high of $87.75. The stock has a fifty day moving average of $11.09 and a 200 day moving average of $48.19.

About WIRECARD AG/ADR

Wirecard AG, a technology company, provides outsourcing and white label solutions for electronic payments worldwide. The company operates in three segments: Payment Processing & Risk Management, Acquiring & Issuing, and Call Center & Communication Services. The Payment Processing & Risk Management segment offers products and service for the acceptance or transactions, and the processing of electronic payments and associated processes.

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Analyst Recommendations for WIRECARD AG/ADR (OTCMKTS:WCAGY)

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