Amadeus IT Group (OTCMKTS:AMADY) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $59.68 and traded as high as $66.63. Amadeus IT Group shares last traded at $65.79, with a volume of 108,545 shares.

Wall Street Analyst Weigh In

AMADY has been the topic of a number of recent analyst reports. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amadeus IT Group in a research report on Sunday, August 2nd. Kepler Capital Markets cut shares of Amadeus IT Group from a “hold” rating to a “strong sell” rating in a research report on Monday, June 29th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Amadeus IT Group in a research note on Monday, May 11th. One 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Amadeus IT Group Price Performance

The company has a debt-to-equity ratio of 0.53, a current ratio of 0.77 and a quick ratio of 0.77. The firm has a market capitalization of $29.73 billion, a price-to-earnings ratio of 18.69, a PEG ratio of 2.69 and a beta of 0.82. The stock has a 50 day moving average price of $59.85 and a two-hundred day moving average price of $60.05.

Amadeus IT Group (OTCMKTS:AMADY) last posted its earnings results on Thursday, July 30th. The company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.02. The firm had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.89 billion. Amadeus IT Group had a return on equity of 29.39% and a net margin of 19.86%. As a group, analysts expect that Amadeus IT Group SA Unsponsored ADR will post 3.93 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.