Amadeus IT Group, S.A. (OTCMKTS:AMADY – Get 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.
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.
- Get a free copy of the StockNews.com research report on Amadeus IT Group (AMADY)
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