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

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) was the recipient of a large growth in short interest in March. As of March 13th, there was short interest totaling 113,122 shares, a growth of 11,326.5% from the February 26th total of 990 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 384,414 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 384,414 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, Citigroup cut shares of Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Amadeus IT Group Trading Down 0.8%

AMADY opened at $57.48 on Wednesday. The firm’s fifty day moving average is $62.18 and its two-hundred day moving average is $71.19. The firm has a market cap of $25.89 billion, a PE ratio of 16.96, a price-to-earnings-growth ratio of 2.63 and a beta of 0.77. Amadeus IT Group has a twelve month low of $54.75 and a twelve month high of $85.89. 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 (OTCMKTS:AMADY) last announced its quarterly earnings results on Friday, February 27th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.08. Amadeus IT Group had a net margin of 20.45% and a return on equity of 27.12%. The company had revenue of $1.91 billion during the quarter, compared to analyst estimates of $1.89 billion. Equities research analysts anticipate that Amadeus IT Group will post 2.99 EPS for the current year.

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.