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 drop in short interest during the month of December. As of December 31st, there was short interest totaling 1,569 shares, a drop of 61.2% from the December 15th total of 4,041 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 207,358 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 207,358 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Amadeus IT Group Trading Down 1.1%

Shares of Amadeus IT Group stock opened at $71.43 on Friday. Amadeus IT Group has a 12-month low of $68.33 and a 12-month high of $85.89. The stock has a market capitalization of $32.18 billion, a P/E ratio of 21.26, a price-to-earnings-growth ratio of 2.89 and a beta of 0.80. The company has a 50-day simple moving average of $73.61 and a 200 day simple moving average of $78.38. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.50.

Amadeus IT Group (OTCMKTS:AMADY) last issued its quarterly earnings data on Friday, November 7th. The company reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.04. Amadeus IT Group had a net margin of 21.10% and a return on equity of 27.25%. The firm had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $1.88 billion. Research analysts expect that Amadeus IT Group will post 2.99 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on AMADY shares. Oddo Bhf cut Amadeus IT Group to a “neutral” rating in a research report on Wednesday, September 24th. Santander raised shares of Amadeus IT Group to an “outperform” rating in a research note on Friday, November 21st. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy”.

Amadeus IT Group Company Profile

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.