Amadeus IT Group (OTCMKTS:AMADY) Hits New 12-Month Low – Here’s Why

Shares of Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) reached a new 52-week low on Tuesday . The company traded as low as $55.15 and last traded at $55.15, with a volume of 12993 shares trading hands. The stock had previously closed at $57.78.

Wall Street Analyst Weigh In

AMADY has been the subject of a number of recent analyst reports. Santander upgraded Amadeus IT Group to an “outperform” rating in a report on Friday, November 21st. Citigroup cut Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 11th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Amadeus IT Group has a consensus rating of “Buy”.

Amadeus IT Group Trading Down 0.2%

The business has a 50 day simple moving average of $69.07 and a 200-day simple moving average of $75.19. The stock has a market capitalization of $25.30 billion, a price-to-earnings ratio of 16.71, a PEG ratio of 2.16 and a beta of 0.77. 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 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.