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Amadeus IT Group (OTCMKTS:AMADY) Shares Cross Below 50 Day Moving Average - What's Next?

Amadeus IT Group logo with Business Services background

Amadeus IT Group, S.A. (OTCMKTS:AMADY - Get Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $71.77 and traded as low as $69.25. Amadeus IT Group shares last traded at $69.42, with a volume of 61,040 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein downgraded Amadeus IT Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, November 19th.

Read Our Latest Research Report on AMADY

Amadeus IT Group Stock Up 2.0 %

The firm has a market cap of $31.91 billion, a P/E ratio of 23.93, a P/E/G ratio of 2.85 and a beta of 1.29. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.85 and a current ratio of 0.85. The firm's fifty day moving average is $71.77 and its 200 day moving average is $69.43.

About Amadeus IT Group

(Get Free Report)

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.

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