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

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 37,651 shares, an increase of 2,299.7% from the December 31st total of 1,569 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 193,247 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 193,247 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Amadeus IT Group Stock Performance

AMADY stock traded down $0.73 during midday trading on Tuesday, reaching $67.97. 95,535 shares of the company were exchanged, compared to its average volume of 118,692. Amadeus IT Group has a one year low of $67.15 and a one year high of $85.89. The firm has a market capitalization of $30.62 billion, a price-to-earnings ratio of 20.23, a price-to-earnings-growth ratio of 2.69 and a beta of 0.80. The business has a 50-day moving average price of $72.31 and a two-hundred day moving average price of $77.47. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.88 and a quick ratio of 0.88.

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, beating the consensus estimate of $0.94 by $0.04. The company had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.88 billion. Amadeus IT Group had a net margin of 21.10% and a return on equity of 27.25%. Equities research analysts forecast that Amadeus IT Group will post 2.99 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Santander raised shares of Amadeus IT Group to an “outperform” rating in a report on Friday, November 21st. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “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.