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

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

Wall Street Analyst Weigh In

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 research note 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 report on Monday, March 3rd.

Amadeus IT Group Stock Down 1.0 %

AMADY stock opened at $75.23 on Tuesday. The stock has a market cap of $33.89 billion, a P/E ratio of 25.42, a PEG ratio of 2.24 and a beta of 1.05. 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 has a twelve month low of $59.28 and a twelve month high of $81.33. The company’s 50 day moving average is $75.87 and its two-hundred day moving average is $72.99.

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.