Amadeus IT Group, S.A. (OTCMKTS:AMADY) Sees Large Increase in Short Interest

Amadeus IT Group, S.A. (OTCMKTS:AMADY) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 6,800 shares, an increase of 580.0% from the September 30th total of 1,000 shares. Based on an average daily volume of 52,200 shares, the days-to-cover ratio is presently 0.1 days.

Amadeus IT Group Trading Down 1.0 %

AMADY opened at $72.15 on Friday. Amadeus IT Group has a 1-year low of $55.37 and a 1-year high of $75.12. The business has a 50 day moving average of $70.24 and a 200-day moving average of $67.82. The stock has a market capitalization of $32.50 billion, a price-to-earnings ratio of 25.32, a P/E/G ratio of 2.99 and a beta of 1.32.

Amadeus IT Group (OTCMKTS:AMADY) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.08. The company had revenue of $1.68 billion for the quarter. Amadeus IT Group had a net margin of 20.02% and a return on equity of 24.69%. Equities analysts predict that Amadeus IT Group will post 3.03 EPS for the current year.

Amadeus IT Group Company Profile

Amadeus IT Group, SA, together with its subsidiaries, operates as a transaction processor for the travel and tourism industry worldwide. The company operates through three segments: Air Distribution, Air IT Solutions, and Hospitality & Other Solutions. The company acts as an international network providing real-time search, pricing, booking, and ticketing services, and other processing solutions through Amadeus GDS, Altéa PSS, and New Skies platforms.