Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Sees Large Decrease in Short Interest

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY - Get Free Report) saw a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 5,500 shares, a decrease of 32.9% from the May 15th total of 8,200 shares. Based on an average daily trading volume, of 58,600 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company's stock are short sold.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on AMADY shares. Sanford C. Bernstein upgraded Amadeus IT Group from a "hold" rating to a "strong-buy" rating in a report on Monday, March 3rd. Morgan Stanley reiterated an "overweight" rating on shares of Amadeus IT Group in a report on Tuesday, March 11th.

Amadeus IT Group Stock Down 2.3%

Shares of OTCMKTS AMADY traded down $1.88 during midday trading on Friday, reaching $78.60. The company's stock had a trading volume of 25,857 shares, compared to its average volume of 53,583. The stock has a 50 day simple moving average of $80.65 and a 200-day simple moving average of $76.00. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $35.41 billion, a price-to-earnings ratio of 25.11, a PEG ratio of 2.84 and a beta of 1.14. Amadeus IT Group has a fifty-two week low of $60.39 and a fifty-two week high of $85.89.

Amadeus IT Group (OTCMKTS:AMADY - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.84 EPS for the quarter, missing the consensus estimate 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 27.81% and a net margin of 20.72%. Equities research analysts predict that Amadeus IT Group will post 2.99 earnings per share for the current 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.