Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Short Interest Down 87.6% in January

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) was the recipient of a significant decline in short interest in January. As of January 30th, there was short interest totaling 4,679 shares, a decline of 87.6% from the January 15th total of 37,651 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 261,403 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 261,403 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Amadeus IT Group Stock Up 1.6%

OTCMKTS:AMADY traded up $1.01 during mid-day trading on Tuesday, hitting $62.99. The stock had a trading volume of 116,064 shares, compared to its average volume of 124,508. Amadeus IT Group has a twelve month low of $61.22 and a twelve month high of $85.89. The stock has a 50-day simple moving average of $70.94 and a two-hundred day simple moving average of $76.31. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $28.38 billion, a PE ratio of 18.75, a PEG ratio of 2.41 and a beta of 0.77.

Amadeus IT Group (OTCMKTS:AMADY) last announced its quarterly earnings results on Friday, November 7th. The company reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.04. The company had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.88 billion. Amadeus IT Group had a return on equity of 27.25% and a net margin of 21.10%. On average, equities research analysts anticipate that Amadeus IT Group will post 2.99 EPS for the current year.

Analysts Set New Price Targets

Separately, Santander upgraded shares of Amadeus IT Group to an “outperform” rating in a report on Friday, November 21st. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy”.

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.