Amadeus IT Group (OTCMKTS:AMADY) Share Price Passes Above Fifty Day Moving Average - Time to Sell?

Amadeus IT Group, S.A. (OTCMKTS:AMADY - Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $77.38 and traded as high as $80.43. Amadeus IT Group shares last traded at $79.72, with a volume of 32,070 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Sanford C. Bernstein upgraded Amadeus IT Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 3rd. Morgan Stanley restated an "overweight" rating on shares of Amadeus IT Group in a research note on Tuesday, March 11th.

Amadeus IT Group Trading Down 0.0%

The stock has a market cap of $35.91 billion, a P/E ratio of 26.93, a PEG ratio of 2.24 and a beta of 1.15. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.85 and a quick ratio of 0.85. The business's 50 day simple moving average is $77.38 and its 200 day simple moving average is $73.93.

Amadeus IT Group (OTCMKTS:AMADY - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.84 EPS for the quarter, missing analysts' consensus estimates of $0.91 by ($0.07). The business had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.71 billion. Amadeus IT Group had a return on equity of 27.30% and a net margin of 20.20%. On average, analysts expect that Amadeus IT Group, S.A. will post 2.99 earnings per share for the current fiscal year.

About Amadeus IT Group

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.

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