Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Sees Significant Increase in Short Interest

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 7,400 shares, a growth of 311.1% from the September 30th total of 1,800 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 181,600 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 181,600 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Analysts Set New Price Targets

AMADY has been the subject of several analyst reports. Oddo Bhf downgraded Amadeus IT Group to a “neutral” rating in a research report on Wednesday, September 24th. Cantor Fitzgerald raised Amadeus IT Group to a “strong-buy” rating in a research report on Wednesday, August 13th. Three analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Amadeus IT Group Trading Down 0.8%

Shares of AMADY opened at $78.45 on Wednesday. Amadeus IT Group has a one year low of $68.44 and a one year high of $85.89. The stock has a 50-day moving average price of $80.06 and a 200 day moving average price of $81.01. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.18 and a current ratio of 1.18. The company has a market capitalization of $35.34 billion, a P/E ratio of 24.21, a P/E/G ratio of 3.61 and a beta of 1.13.

Amadeus IT Group (OTCMKTS:AMADY) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.95 earnings per share for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.01). Amadeus IT Group had a net margin of 21.08% and a return on equity of 27.11%. The business had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.88 billion. Sell-side analysts forecast that Amadeus IT Group will post 2.99 EPS for the current fiscal year.

Amadeus IT Group Company Profile

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.