Short Interest in Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Increases By 199.6%

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 25,381 shares, a growth of 199.6% from the July 15th total of 8,472 shares. Based on an average daily trading volume, of 205,343 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on AMADY shares. Jefferies Financial Group reiterated a “buy” rating on shares of Amadeus IT Group in a research note on Sunday, August 2nd. Morgan Stanley reissued an “overweight” rating on shares of Amadeus IT Group in a research report on Monday, May 11th. Finally, Kepler Capital Markets lowered shares of Amadeus IT Group from a “hold” rating to a “strong sell” rating in a research note on Monday, June 29th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Amadeus IT Group has a consensus rating of “Hold”.

Amadeus IT Group Trading Down 1.4%

Shares of Amadeus IT Group stock opened at $65.99 on Thursday. The firm has a market cap of $29.73 billion, a PE ratio of 18.69, a P/E/G ratio of 2.73 and a beta of 0.82. Amadeus IT Group has a 1 year low of $54.60 and a 1 year high of $85.23. 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 stock has a fifty day moving average price of $59.85 and a 200-day moving average price of $60.05.

Amadeus IT Group (OTCMKTS:AMADY) last posted its quarterly earnings data on Thursday, July 30th. The company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.02. The business had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.89 billion. Amadeus IT Group had a net margin of 19.86% and a return on equity of 29.39%. Equities research analysts anticipate that Amadeus IT Group will post 3.94 EPS for the current year.

About Amadeus IT Group

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.