WIRECARD AG/ADR (OTCMKTS:WCAGY) was down 0.8% during mid-day trading on Wednesday . The company traded as low as $82.40 and last traded at $83.00, approximately 5,777 shares traded hands during trading. An increase of 48% from the average daily volume of 3,908 shares. The stock had previously closed at $83.70.
A number of analysts have recently issued reports on WCAGY shares. Deutsche Bank upgraded shares of WIRECARD AG/ADR from a “hold” rating to a “buy” rating in a report on Monday, May 20th. Keefe, Bruyette & Woods started coverage on shares of WIRECARD AG/ADR in a report on Wednesday, May 29th. They set an “outperform” rating for the company.
The company has a fifty day moving average of $84.05. The stock has a market cap of $20.81 billion, a price-to-earnings ratio of 51.66 and a beta of 0.75.
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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