Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Short Interest Up 2,299.7% in January

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 37,651 shares, an increase of 2,299.7% from the December 31st total of 1,569 shares. Based on an average daily trading volume, of 193,247 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 193,247 shares, the days-to-cover ratio is currently 0.2 days.

Amadeus IT Group Trading Down 1.1%

Shares of OTCMKTS:AMADY opened at $67.97 on Wednesday. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.50. Amadeus IT Group has a 12-month low of $67.15 and a 12-month high of $85.89. The business has a 50 day moving average of $72.31 and a two-hundred day moving average of $77.47. The company has a market capitalization of $30.62 billion, a PE ratio of 20.23, a PEG ratio of 2.69 and a beta of 0.80.

Amadeus IT Group (OTCMKTS:AMADY) last posted its earnings results on Friday, November 7th. The company reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.04. Amadeus IT Group had a net margin of 21.10% and a return on equity of 27.25%. The firm had revenue of $1.91 billion during the quarter, compared to analyst estimates of $1.88 billion. As a group, analysts forecast that Amadeus IT Group will post 2.99 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Santander raised shares of Amadeus IT Group to an “outperform” rating in a report on Friday, November 21st. Two 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 MarketBeat.com, Amadeus IT Group currently has a consensus 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.