Amadeus IT Group (OTCMKTS:AMADY - Get Free Report) was downgraded by analysts at Sanford C. Bernstein from a "strong-buy" rating to a "hold" rating in a research note issued on Tuesday,Zacks.com reports.
Amadeus IT Group Stock Performance
Shares of Amadeus IT Group stock opened at $69.96 on Tuesday. The company has a 50-day simple moving average of $72.16 and a two-hundred day simple moving average of $69.14. Amadeus IT Group has a 52-week low of $58.51 and a 52-week high of $75.12. The stock has a market capitalization of $31.52 billion, a PE ratio of 23.64, a price-to-earnings-growth ratio of 2.66 and a beta of 1.32.
Amadeus IT Group Company Profile
(
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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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