Short Interest in Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Increases By 11,326.5%

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

Amadeus IT Group Price Performance

AMADY stock opened at $58.65 on Thursday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.88 and a current ratio of 0.88. The business has a 50-day simple moving average of $61.91 and a two-hundred day simple moving average of $71.10. The company has a market capitalization of $26.42 billion, a P/E ratio of 17.30, a price-to-earnings-growth ratio of 2.61 and a beta of 0.77. Amadeus IT Group has a 52-week low of $54.75 and a 52-week high of $85.89.

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

Analyst Ratings Changes

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