Amadeus IT Group (OTCMKTS:AMADY) Stock Passes Below 50-Day Moving Average - What's Next?

Key Points

• Amadeus IT Group's stock has recently traded below its 50-day moving average of $80.85, reaching a low of $78.12 before closing at $78.64.
• Analysts have mixed opinions on the stock, with Oddo Bhf downgrading it to "neutral" while Cantor Fitzgerald upgraded it to "strong-buy," resulting in a consensus rating of "Buy."
• The company reported $0.95 EPS for the last quarter, slightly missing analysts' expectations, along with a revenue of $1.87 billion against a $1.88 billion estimate.

Shares of Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY - Get Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $80.85 and traded as low as $78.12. Amadeus IT Group shares last traded at $78.64, with a volume of 55,454 shares changing hands.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Oddo Bhf lowered shares of Amadeus IT Group to a "neutral" rating in a research report on Wednesday, September 24th. Cantor Fitzgerald raised shares of Amadeus IT Group to a "strong-buy" rating in a research report on Wednesday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Amadeus IT Group has a consensus rating of "Buy".

Amadeus IT Group Stock Up 0.0%

The business's 50 day moving average is $80.85 and its 200 day moving average is $80.65. The company has a market capitalization of $35.43 billion, a price-to-earnings ratio of 24.27, a PEG ratio of 3.63 and a beta of 1.13. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.19 and a current ratio of 1.19.

Amadeus IT Group (OTCMKTS:AMADY - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.95 EPS for the quarter, missing analysts' consensus estimates of $0.96 by ($0.01). The company had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.88 billion. Amadeus IT Group had a return on equity of 27.73% and a net margin of 21.08%. Sell-side analysts anticipate that Amadeus IT Group SA Unsponsored ADR will post 2.99 earnings per share for the current year.

Amadeus IT Group Company Profile

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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