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

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totaling 1,448 shares, a decline of 98.5% from the March 31st total of 93,981 shares. Based on an average daily trading volume, of 536,887 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, Citigroup cut Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 11th. One research 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Amadeus IT Group Trading Up 2.2%

Shares of Amadeus IT Group stock opened at $58.98 on Friday. The stock has a market cap of $26.57 billion, a P/E ratio of 17.40, a P/E/G ratio of 2.28 and a beta of 0.79. The stock’s 50 day simple moving average is $58.81 and its 200-day simple moving average is $68.00. Amadeus IT Group has a 1-year low of $54.75 and a 1-year high of $85.89. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.82 and a quick ratio of 0.82.

Amadeus IT Group (OTCMKTS:AMADY) last issued its earnings results on Friday, February 27th. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.08. The business had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $1.89 billion. Amadeus IT Group had a return on equity of 27.61% and a net margin of 20.45%. Analysts predict that Amadeus IT Group will post 4.09 EPS for the current fiscal year.

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.