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

Amadeus IT Group, S.A. (OTCMKTS:AMADY) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totalling 7,200 shares, a decline of 67.3% from the March 15th total of 22,000 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 112,000 shares, the days-to-cover ratio is presently 0.1 days.

Amadeus IT Group Price Performance

AMADY stock opened at $77.40 on Thursday. Amadeus IT Group has a 52 week low of $59.61 and a 52 week high of $81.33. The firm has a market capitalization of $34.87 billion, a P/E ratio of 26.15, a price-to-earnings-growth ratio of 2.24 and a beta of 1.05. The company has a fifty day simple moving average of $76.03 and a two-hundred day simple moving average of $73.05. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.54.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Hsbc Global Res upgraded shares of Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Morgan Stanley reaffirmed an “overweight” rating on shares of Amadeus IT Group in a report on Tuesday, March 11th. Finally, Sanford C. Bernstein upgraded Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 3rd.

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.