Amadeus IT Group (OTCMKTS:AMADY) Share Price Crosses Below 50 Day Moving Average of $63.11

Amadeus IT Group, S.A. (OTCMKTS:AMADY)’s share price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $63.11 and traded as low as $61.30. Amadeus IT Group shares last traded at $61.70, with a volume of 45,398 shares trading hands.

Amadeus IT Group Stock Up 0.8 %

The business has a 50 day simple moving average of $63.11 and a 200 day simple moving average of $65.59. The company has a market capitalization of $27.80 billion, a PE ratio of 27.88, a PEG ratio of 3.14 and a beta of 1.29.

Amadeus IT Group (OTCMKTS:AMADY) last released its quarterly earnings results on Wednesday, February 28th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.07. The business had revenue of $1.46 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Equities analysts expect that Amadeus IT Group, S.A. will post 2.99 EPS for the current fiscal year.

Amadeus IT Group Company Profile

Amadeus IT Group, SA, together with its subsidiaries, operates as a transaction processor for the travel and tourism industry worldwide. The company operates through three segments: Air Distribution, Air IT Solutions, and Hospitality & Other Solutions. The company acts as an international network providing real-time search, pricing, booking, and ticketing services, and other processing solutions through Amadeus GDS, Altéa PSS, and New Skies platforms.