Amadeus IT Group (OTCMKTS:AMADY) Hits New 12-Month Low – Should You Sell?

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as $60.1750 and last traded at $60.1750, with a volume of 9701 shares traded. The stock had previously closed at $62.99.

Wall Street Analyst Weigh In

AMADY has been the topic of several research reports. Citigroup lowered Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Santander upgraded shares of Amadeus IT Group to an “outperform” rating in a research note on Friday, November 21st. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Amadeus IT Group Price Performance

The company has a 50 day moving average of $70.23 and a 200 day moving average of $75.92. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.88 and a current ratio of 0.88. The stock has a market capitalization of $26.03 billion, a price-to-earnings ratio of 17.20, a PEG ratio of 2.33 and a beta of 0.77.

About Amadeus IT Group

Amadeus IT Group is a global travel-technology company that develops and supplies software and IT services for the travel and tourism industry. Founded in the late 1980s as a technology venture by a group of European airlines, Amadeus has evolved into an integrated provider of distribution, passenger service systems and operations software used across the travel value chain. The company’s platforms support booking, ticketing, departure control, inventory and other core travel transaction functions for industry participants.

Amadeus’s product offering spans a global distribution system used by travel agencies and online travel sellers, airline passenger service systems (notably the Altéa suite), airport operations and departure control solutions, as well as software for hotels, rail operators and car rental companies.