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

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 1,800 shares, a drop of 76.0% from the September 15th total of 7,500 shares. Based on an average daily volume of 92,000 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 92,000 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Oddo Bhf lowered shares of Amadeus IT Group to a “neutral” rating in a report on Wednesday, September 24th. Cantor Fitzgerald upgraded shares of Amadeus IT Group to a “strong-buy” rating in a report on Wednesday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Amadeus IT Group has a consensus rating of “Buy”.

Amadeus IT Group Trading Down 0.2%

AMADY opened at $78.70 on Friday. The stock has a market capitalization of $35.45 billion, a P/E ratio of 24.29, a P/E/G ratio of 3.60 and a beta of 1.13. Amadeus IT Group has a 12 month low of $68.44 and a 12 month high of $85.89. The firm’s fifty day simple moving average is $80.61 and its 200 day simple moving average is $80.66. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.56.

Amadeus IT Group (OTCMKTS:AMADY) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.95 EPS for the quarter, missing the consensus estimate of $0.96 by ($0.01). The company had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.88 billion. Amadeus IT Group had a net margin of 21.08% and a return on equity of 27.73%. As a group, research analysts anticipate that Amadeus IT Group will post 2.99 EPS for the current fiscal year.

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.