Amadeus IT Group (OTCMKTS:AMADY) Reaches New 12-Month Low – Time to Sell?

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as $60.1750 and last traded at $60.1750, with a volume of 9701 shares. The stock had previously closed at $62.99.

Wall Street Analyst Weigh In

Separately, Santander upgraded Amadeus IT Group to an “outperform” rating in a report on Friday, November 21st. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy”.

Amadeus IT Group Price Performance

The company has a market capitalization of $26.82 billion, a P/E ratio of 17.72, a PEG ratio of 2.42 and a beta of 0.77. The stock’s fifty day simple moving average is $70.77 and its 200-day simple moving average is $76.16. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.88 and a quick ratio of 0.88.

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.