Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Short Interest Down 87.6% in January

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 4,679 shares, a drop of 87.6% from the January 15th total of 37,651 shares. Based on an average daily trading volume, of 261,403 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 261,403 shares, the days-to-cover ratio is currently 0.0 days.

Amadeus IT Group Price Performance

OTCMKTS AMADY opened at $62.99 on Wednesday. The company has a market cap of $28.38 billion, a PE ratio of 18.75, a P/E/G ratio of 2.42 and a beta of 0.77. The firm’s 50 day moving average price is $70.77 and its 200-day moving average price is $76.16. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.88 and a current ratio of 0.88. Amadeus IT Group has a 52-week low of $61.22 and a 52-week high of $85.89.

Analyst Ratings Changes

Separately, Santander raised shares of Amadeus IT Group to an “outperform” rating in a research report on Friday, November 21st. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Amadeus IT Group has a consensus rating of “Buy”.

Amadeus IT Group Company Profile

Amadeus IT Group is a global travel-technology company that develops and supplies software and IT services for the travel and tourism industry. Founded in the late 1980s as a technology venture by a group of European airlines, Amadeus has evolved into an integrated provider of distribution, passenger service systems and operations software used across the travel value chain. The company’s platforms support booking, ticketing, departure control, inventory and other core travel transaction functions for industry participants.

Amadeus’s product offering spans a global distribution system used by travel agencies and online travel sellers, airline passenger service systems (notably the Altéa suite), airport operations and departure control solutions, as well as software for hotels, rail operators and car rental companies.