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

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 4,024 shares, a decrease of 87.6% from the May 31st total of 32,420 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 205,554 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on AMADY. Morgan Stanley restated an “overweight” rating on shares of Amadeus IT Group in a research report on Monday, May 11th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amadeus IT Group in a research report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Amadeus IT Group Stock Up 0.1%

AMADY opened at $59.02 on Friday. Amadeus IT Group has a one year low of $54.75 and a one year high of $85.23. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.77 and a current ratio of 0.77. The stock has a market capitalization of $26.59 billion, a P/E ratio of 16.72, a price-to-earnings-growth ratio of 2.39 and a beta of 0.80. The business’s 50-day simple moving average is $60.22 and its 200-day simple moving average is $63.12.

Amadeus IT Group (OTCMKTS:AMADY) last announced its earnings results on Friday, May 8th. The company reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.07. The firm had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $1.92 billion. Amadeus IT Group had a return on equity of 28.72% and a net margin of 20.35%. Analysts anticipate that Amadeus IT Group will post 3.93 EPS for the current 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.