Wirecard (WRCDF) Stock Rating Reaffirmed by Citigroup

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Wirecard (OTCMKTS:WRCDF)‘s stock had its “sell” rating reiterated by equities research analysts at Citigroup in a report released on Friday.

A number of other research firms have also issued reports on WRCDF. Goldman Sachs Group reissued a “buy” rating on shares of Wirecard in a research report on Tuesday, January 29th. DZ Bank reissued a “buy” rating on shares of Wirecard in a research report on Wednesday, January 30th.

Shares of WRCDF traded down $5.31 during midday trading on Friday, hitting $118.69. The stock had a trading volume of 208 shares, compared to its average volume of 1,587. Wirecard has a fifty-two week low of $101.00 and a fifty-two week high of $227.94.

Wirecard Company Profile

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

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