Amadeus IT Group, S.A. (OTCMKTS:AMADY) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 11,400 shares, an increase of 178.0% from the December 15th total of 4,100 shares. Based on an average daily trading volume, of 646,300 shares, the short-interest ratio is currently 0.0 days.
Shares of AMADY opened at $69.50 on Thursday. The stock has a market cap of $31.31 billion, a P/E ratio of -239.65 and a beta of 1.47. The company has a 50-day moving average of $73.07 and a two-hundred day moving average of $60.59. Amadeus IT Group has a 12-month low of $37.69 and a 12-month high of $87.69.
Amadeus IT Group (OTCMKTS:AMADY) last announced its earnings results on Friday, November 6th. The company reported ($0.33) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.55) by $0.22. The company had revenue of $489.27 million during the quarter, compared to analysts’ expectations of $519.48 million. Amadeus IT Group had a negative net margin of 4.16% and a positive return on equity of 1.50%. Research analysts predict that Amadeus IT Group will post -0.92 earnings per share for the current fiscal year.
A number of analysts recently commented on the stock. Zacks Investment Research downgraded shares of Amadeus IT Group from a “hold” rating to a “sell” rating in a report on Friday, October 9th. UBS Group downgraded shares of Amadeus IT Group from a “buy” rating to a “neutral” rating in a report on Tuesday, December 1st. JPMorgan Chase & Co. restated a “neutral” rating on shares of Amadeus IT Group in a research report on Monday, November 9th. Morgan Stanley restated an “overweight” rating on shares of Amadeus IT Group in a research report on Thursday, December 10th. Finally, HSBC cut shares of Amadeus IT Group from a “buy” rating to a “reduce” rating in a research report on Wednesday, October 7th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold”.
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 two segments, Distribution and IT Solutions. The company acts as an international network providing real-time search, pricing, booking, and ticketing services.
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