Amadeus IT Group (OTCMKTS:AMADY) Share Price Passes Above 50 Day Moving Average - What's Next?

Amadeus IT Group, S.A. (OTCMKTS:AMADY - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $76.90 and traded as high as $78.89. Amadeus IT Group shares last traded at $78.89, with a volume of 30,445 shares trading hands.

Analyst Ratings Changes

A number of research firms recently commented on AMADY. Sanford C. Bernstein upgraded Amadeus IT Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 3rd. Hsbc Global Res upgraded shares of Amadeus IT Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 9th. Finally, Morgan Stanley restated an "overweight" rating on shares of Amadeus IT Group in a research note on Tuesday, March 11th.

Amadeus IT Group Trading Up 0.4 %

The firm has a market capitalization of $35.99 billion, a P/E ratio of 26.99, a PEG ratio of 2.24 and a beta of 1.15. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.54. The stock has a fifty day simple moving average of $77.46 and a 200 day simple moving average of $73.72.

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.