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 in the month of July. As of July 15th, there was short interest totaling 8,472 shares, an increase of 152.1% from the June 30th total of 3,361 shares. Based on an average trading volume of 212,265 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Amadeus IT Group Price Performance

AMADY stock opened at $58.45 on Tuesday. The stock has a 50-day moving average price of $59.20 and a two-hundred day moving average price of $60.69. The stock has a market cap of $26.33 billion, a PE ratio of 16.56, a price-to-earnings-growth ratio of 2.24 and a beta of 0.82. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.53. Amadeus IT Group has a 1 year low of $54.60 and a 1 year high of $85.23.

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

Analyst Ratings Changes

A number of research firms have recently commented on AMADY. Kepler Capital Markets lowered Amadeus IT Group from a “hold” rating to a “strong sell” rating in a research report on Monday, June 29th. Jefferies Financial Group reiterated a “buy” rating on shares of Amadeus IT Group in a research report on Friday, May 8th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Amadeus IT Group in a research note on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate 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.