Amadeus IT Group (OTCMKTS:AMADY) Sees Large Volume Increase – Should You Buy?

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) shares saw unusually-high trading volume on Wednesday . Approximately 64,140 shares traded hands during mid-day trading, an increase of 21% from the previous session’s volume of 53,144 shares.The stock last traded at $74.4175 and had previously closed at $73.53.

Analysts Set New Price Targets

AMADY has been the topic of several recent research reports. Oddo Bhf downgraded shares of Amadeus IT Group to a “neutral” rating in a research note on Wednesday, September 24th. Santander upgraded shares of Amadeus IT Group to an “outperform” rating in a research note on Friday, November 21st. Three 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 stock. According to MarketBeat, the stock presently has a consensus rating of “Buy”.

Amadeus IT Group Trading Down 0.3%

The business’s fifty day simple moving average is $75.06 and its two-hundred day simple moving average is $79.28. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.50. The company has a market cap of $33.03 billion, a price-to-earnings ratio of 21.82, a PEG ratio of 3.24 and a beta of 0.81.

Amadeus IT Group (OTCMKTS:AMADY) last posted its earnings results 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 business had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.88 billion. Amadeus IT Group had a return on equity of 27.25% and a net margin of 21.10%. On average, equities analysts predict that Amadeus IT Group SA Unsponsored ADR will post 2.99 EPS for the current year.

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.