Short Interest in Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Decreases By 73.4%

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 32,420 shares, a decrease of 73.4% from the May 14th total of 121,935 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 148,172 shares, the days-to-cover ratio is presently 0.2 days.

Amadeus IT Group Stock Up 0.5%

AMADY stock opened at $58.93 on Friday. Amadeus IT Group has a twelve month low of $54.75 and a twelve month high of $85.23. The firm has a market capitalization of $26.55 billion, a PE ratio of 16.69, a PEG ratio of 2.31 and a beta of 0.80. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.53. The stock has a 50-day simple moving average of $59.91 and a two-hundred day simple moving average of $64.02.

Amadeus IT Group (OTCMKTS:AMADY) last posted its earnings results on Friday, May 8th. The company reported $1.01 EPS for the quarter, topping the consensus estimate of $0.94 by $0.07. Amadeus IT Group had a return on equity of 28.72% and a net margin of 20.35%.The business had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $1.92 billion. On average, equities analysts predict that Amadeus IT Group will post 4.05 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on AMADY shares. Morgan Stanley reissued an “overweight” rating on shares of Amadeus IT Group in a research note on Monday, May 11th. Jefferies Financial Group reissued a “buy” rating on shares of Amadeus IT Group in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock 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.