Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Short Interest Up 152.1% in July

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 8,472 shares, a growth of 152.1% from the June 30th total of 3,361 shares. Based on an average trading volume of 212,265 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Amadeus IT Group Price Performance

AMADY stock opened at $56.09 on Monday. Amadeus IT Group has a 1 year low of $54.60 and a 1 year high of $85.23. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.77 and a quick ratio of 0.77. The firm has a market capitalization of $25.27 billion, a PE ratio of 15.89, a price-to-earnings-growth ratio of 2.24 and a beta of 0.82. The business has a 50 day simple moving average of $59.25 and a 200-day simple moving average of $60.79.

Amadeus IT Group (OTCMKTS:AMADY) last released its quarterly earnings data on Friday, May 8th. The company reported $1.01 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.07. The company had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.92 billion. Amadeus IT Group had a return on equity of 28.72% and a net margin of 20.35%. Equities research analysts anticipate that Amadeus IT Group will post 3.95 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on AMADY shares. Kepler Capital Markets cut shares of Amadeus IT Group from a “hold” rating to a “strong sell” rating in a research report on Monday, June 29th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amadeus IT Group in a research note on Friday, May 8th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Amadeus IT Group in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock 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.