Short Interest in Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Declines By 27.9%

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 990 shares, a decrease of 27.9% from the February 12th total of 1,373 shares. Based on an average daily volume of 698,090 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 698,090 shares, the short-interest ratio is currently 0.0 days.

Amadeus IT Group Price Performance

AMADY stock opened at $59.70 on Friday. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.50. The company’s fifty day simple moving average is $64.50 and its 200 day simple moving average is $72.52. Amadeus IT Group has a 12-month low of $54.75 and a 12-month high of $85.89. The firm has a market cap of $26.89 billion, a price-to-earnings ratio of 17.61, a PEG ratio of 2.36 and a beta of 0.77.

Amadeus IT Group (OTCMKTS:AMADY) last announced its quarterly earnings data on Friday, February 27th. The company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.08. The company had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.89 billion. Amadeus IT Group had a return on equity of 27.12% and a net margin of 20.45%. On average, analysts expect that Amadeus IT Group will post 2.99 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have commented on the company. Citigroup downgraded Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 11th. Santander raised shares of Amadeus IT Group to an “outperform” rating in a research note on Friday, November 21st. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Amadeus IT Group has an average rating of “Moderate 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.