Amadeus IT Group, S.A. (OTCMKTS:AMADY) Short Interest Update

Amadeus IT Group, S.A. (OTCMKTS:AMADY) saw a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 7,200 shares, a drop of 67.3% from the March 15th total of 22,000 shares. Based on an average daily volume of 112,000 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Analysts Set New Price Targets

A number of research analysts have weighed in on AMADY shares. Sanford C. Bernstein upgraded Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a report on Monday, March 3rd. Hsbc Global Res raised shares of Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Finally, Morgan Stanley restated an “overweight” rating on shares of Amadeus IT Group in a research report on Tuesday, March 11th.

Amadeus IT Group Stock Down 1.0 %

Shares of AMADY opened at $75.23 on Tuesday. Amadeus IT Group has a 52-week low of $59.28 and a 52-week high of $81.33. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.54. The stock has a fifty day simple moving average of $75.87 and a two-hundred day simple moving average of $72.99. The company has a market capitalization of $33.89 billion, a PE ratio of 25.42, a price-to-earnings-growth ratio of 2.24 and a beta of 1.05.

About Amadeus IT Group

Amadeus IT Group, SA, together with its subsidiaries, operates as a transaction processor for the travel and tourism industry worldwide. The company operates through three segments: Air Distribution, Air IT Solutions, and Hospitality & Other Solutions. The company acts as an international network providing real-time search, pricing, booking, and ticketing services, and other processing solutions through Amadeus GDS, Altéa PSS, and New Skies platforms.