Short Interest in Amadeus IT Group, S.A. (OTCMKTS:AMADY) Expands By 1,112.5%

Amadeus IT Group, S.A. (OTCMKTS:AMADYGet Rating) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 9,700 shares, a growth of 1,112.5% from the April 30th total of 800 shares. Based on an average daily volume of 182,000 shares, the days-to-cover ratio is currently 0.1 days.

Several research firms have issued reports on AMADY. Exane BNP Paribas lowered shares of Amadeus IT Group from a “neutral” rating to an “underperform” rating in a report on Monday, February 7th. Zacks Investment Research raised shares of Amadeus IT Group from a “sell” rating to a “buy” rating and set a $69.00 price target on the stock in a report on Tuesday, May 17th. Finally, BNP Paribas lowered shares of Amadeus IT Group from a “neutral” rating to an “underperform” rating in a report on Monday, February 7th. Three analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $69.00.

Shares of OTCMKTS:AMADY traded down $1.04 on Wednesday, hitting $61.61. 69,261 shares of the company were exchanged, compared to its average volume of 94,448. Amadeus IT Group has a 1-year low of $53.16 and a 1-year high of $79.81. The stock’s 50 day moving average price is $62.39 and its 200 day moving average price is $65.45. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $27.76 billion, a P/E ratio of -186.70 and a beta of 1.22.

Amadeus IT Group (OTCMKTS:AMADYGet Rating) last posted its quarterly earnings data on Friday, February 25th. The company reported $0.09 EPS for the quarter, hitting the consensus estimate of $0.09. Amadeus IT Group had a negative net margin of 4.70% and a negative return on equity of 1.29%. The business had revenue of $926.15 million during the quarter, compared to the consensus estimate of $937.50 million. On average, equities analysts predict that Amadeus IT Group will post 1.63 EPS for the current fiscal year.

About Amadeus IT Group (Get Rating)

Amadeus IT Group, SA, together with its subsidiaries, operates as a transaction processor for the travel and tourism industry worldwide. The company operates through two segments, Distribution and IT Solutions. The company acts as an international network providing real-time search, pricing, booking, and ticketing services.

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