Sanford C. Bernstein lowered shares of Amadeus IT Group (OTCMKTS:AMADY - Free Report) from a strong-buy rating to a hold rating in a report issued on Tuesday,Zacks.com reports.
Amadeus IT Group Price Performance
Shares of Amadeus IT Group stock traded down $0.87 during trading hours on Tuesday, hitting $69.09. The company's stock had a trading volume of 42,494 shares, compared to its average volume of 59,586. Amadeus IT Group has a 1-year low of $58.51 and a 1-year high of $75.12. The business has a fifty day moving average of $72.16 and a 200 day moving average of $69.14.
About Amadeus IT Group
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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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