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

Amadeus IT Group logo with Business Services background

Amadeus IT Group, S.A. (OTCMKTS:AMADY - Get Free Report)'s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $76.30 and traded as high as $79.16. Amadeus IT Group shares last traded at $78.63, with a volume of 38,309 shares.

Wall Street Analyst Weigh In

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

Check Out Our Latest Stock Analysis on AMADY

Amadeus IT Group Trading Down 0.6 %

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 stock has a market cap of $35.70 billion, a price-to-earnings ratio of 26.78, a P/E/G ratio of 2.24 and a beta of 1.05. The company's fifty day moving average price is $76.66 and its 200-day moving average price is $73.44.

About Amadeus IT Group

(Get Free Report)

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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