Amadeus IT Group, S.A. (OTCMKTS:AMADY) Sees Significant Drop in Short Interest

Amadeus IT Group, S.A. (OTCMKTS:AMADY - Get Free Report) saw a significant decrease in short interest in May. As of May 15th, there was short interest totalling 8,200 shares, a decrease of 17.2% from the April 30th total of 9,900 shares. Based on an average daily volume of 111,100 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Amadeus IT Group Trading Up 0.5%

Shares of OTCMKTS AMADY traded up $0.44 on Wednesday, reaching $84.15. 22,248 shares of the company traded hands, compared to its average volume of 54,984. The stock has a market capitalization of $37.91 billion, a PE ratio of 28.43, a P/E/G ratio of 2.24 and a beta of 1.15. Amadeus IT Group has a fifty-two week low of $60.39 and a fifty-two week high of $85.12. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.54. The company has a 50 day moving average of $78.64 and a 200 day moving average of $74.94.

Amadeus IT Group (OTCMKTS:AMADY - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.84 earnings per share for the quarter, missing analysts' consensus estimates of $0.91 by ($0.07). Amadeus IT Group had a return on equity of 27.30% and a net margin of 20.20%. The company had revenue of $1.84 billion for the quarter, compared to analysts' expectations of $1.71 billion. On average, equities research analysts forecast that Amadeus IT Group will post 2.99 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have issued reports on AMADY. 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. Morgan Stanley reiterated an "overweight" rating on shares of Amadeus IT Group in a report on Tuesday, March 11th.

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.