Edenred (OTCMKTS:EDNMY) Upgraded to Hold by Citigroup

Citigroup upgraded shares of Edenred (OTCMKTS:EDNMY - Free Report) to a hold rating in a research note released on Tuesday morning, Zacks.com reports.

Edenred Stock Down 2.2 %

Shares of EDNMY stock traded down $0.40 on Tuesday, hitting $18.15. 10,074 shares of the stock traded hands, compared to its average volume of 38,033. The firm has a 50 day simple moving average of $19.53 and a two-hundred day simple moving average of $22.00. Edenred has a 52 week low of $17.00 and a 52 week high of $32.15.

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.