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Amadeus IT Group (OTCMKTS:AMADY) Shares Cross Above 50 Day Moving Average - Should You Sell?

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Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY - Get Free Report)'s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $59.68 and traded as high as $66.63. Amadeus IT Group shares last traded at $65.79, with a volume of 108,545 shares.

Wall Street Analyst Weigh In

Several research firms recently issued reports on AMADY. Jefferies Financial Group reaffirmed a "buy" rating on shares of Amadeus IT Group in a report on Sunday, August 2nd. Morgan Stanley restated an "overweight" rating on shares of Amadeus IT Group in a report on Monday, May 11th. Finally, Kepler Capital Markets cut Amadeus IT Group from a "hold" rating to a "strong sell" rating in a research report on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Amadeus IT Group has a consensus rating of "Moderate Buy".

Check Out Our Latest Analysis on Amadeus IT Group

Amadeus IT Group Trading Down 0.9%

The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.77 and a current ratio of 0.77. The company's 50 day moving average is $59.68 and its 200 day moving average is $60.07. The stock has a market capitalization of $29.64 billion, a price-to-earnings ratio of 18.64, a PEG ratio of 2.71 and a beta of 0.82.

Amadeus IT Group (OTCMKTS:AMADY - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.02. Amadeus IT Group had a net margin of 19.86% and a return on equity of 29.39%. The company had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.89 billion. On average, research analysts forecast that Amadeus IT Group SA Unsponsored ADR will post 3.93 EPS for the current fiscal year.

About Amadeus IT Group

(Get Free Report)

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.

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