WIRECARD AG/ADR (OTCMKTS:WCAGY) Upgraded to “Neutral” at Guggenheim

Guggenheim upgraded shares of WIRECARD AG/ADR (OTCMKTS:WCAGY) from a sell rating to a neutral rating in a research note released on Wednesday, The Fly reports.

WCAGY has been the topic of several other research reports. Keefe, Bruyette & Woods cut shares of WIRECARD AG/ADR from an outperform rating to a market perform rating in a research report on Tuesday, October 15th. UBS Group cut shares of WIRECARD AG/ADR from a buy rating to a neutral rating in a research report on Wednesday, September 25th. Finally, Goldman Sachs Group cut shares of WIRECARD AG/ADR from a conviction-buy rating to a buy rating in a research report on Thursday, October 10th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. WIRECARD AG/ADR has a consensus rating of Hold.

Shares of WCAGY opened at $63.06 on Wednesday. The company’s fifty day moving average is $79.89 and its 200 day moving average is $78.90. WIRECARD AG/ADR has a fifty-two week low of $50.70 and a fifty-two week high of $100.66. The stock has a market capitalization of $15.59 billion, a PE ratio of 32.99 and a beta of 0.78. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.75 and a current ratio of 1.75.

WIRECARD AG/ADR Company Profile

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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