Amadeus IT Group, S.A. (OTCMKTS:AMADY) Short Interest Up 61.8% in March

Amadeus IT Group, S.A. (OTCMKTS:AMADY) saw a significant growth in short interest in 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. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 102,100 shares, the short-interest ratio is currently 0.2 days.

Analysts Set New Price Targets

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

Amadeus IT Group Trading Down 3.3 %

OTCMKTS:AMADY opened at $77.29 on Friday. The firm’s 50 day moving average is $75.16 and its 200 day moving average is $72.72. Amadeus IT Group has a 12 month low of $59.28 and a 12 month high of $81.33. The stock has a market capitalization of $34.82 billion, a PE ratio of 26.11, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.54.

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.