Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Short Interest Update

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) was the recipient of a significant drop in short interest in February. As of February 13th, there was short interest totaling 1,373 shares, a drop of 70.7% from the January 29th total of 4,679 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 312,216 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 312,216 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Amadeus IT Group Price Performance

AMADY stock opened at $58.06 on Thursday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.88 and a current ratio of 0.88. The firm has a market capitalization of $26.16 billion, a price-to-earnings ratio of 17.28, a PEG ratio of 2.19 and a beta of 0.77. The firm has a 50 day moving average price of $67.45 and a 200-day moving average price of $74.29. Amadeus IT Group has a 52-week low of $54.75 and a 52-week high of $85.89.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on AMADY. Santander raised Amadeus IT Group to an “outperform” rating in a research note on Friday, November 21st. Citigroup cut shares of Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 11th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy”.

About Amadeus IT Group

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.