Amadeus IT Group, S.A. (OTCMKTS:AMADY) Short Interest Update

Amadeus IT Group, S.A. (OTCMKTS:AMADY) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 22,000 shares, a growth of 61.8% from the February 28th total of 13,600 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 102,100 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Several research analysts have recently commented on AMADY shares. Sanford C. Bernstein raised Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 3rd. Morgan Stanley reaffirmed an “overweight” rating on shares of Amadeus IT Group in a research report on Tuesday, March 11th. Finally, Hsbc Global Res raised shares of Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th.

Amadeus IT Group Price Performance

OTCMKTS:AMADY opened at $77.29 on Friday. The firm has a market cap of $34.82 billion, a price-to-earnings ratio of 26.11, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27. 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 company has a 50 day moving average price of $75.16 and a 200-day moving average price of $72.75. Amadeus IT Group has a 1-year low of $59.28 and a 1-year high of $81.33.

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.