Amadeus IT Group, S.A. (OTCMKTS:AMADY - Get Free Report) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 22,000 shares, a growth of 61.8% from the February 28th total of 13,600 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 102,100 shares, the short-interest ratio is presently 0.2 days.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on the stock. Morgan Stanley restated an "overweight" rating on shares of Amadeus IT Group in a report on Tuesday, March 11th. Sanford C. Bernstein raised Amadeus IT Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 3rd. Finally, Hsbc Global Res raised shares of Amadeus IT Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 9th.
View Our Latest Report on Amadeus IT Group
Amadeus IT Group Stock Up 0.9 %
OTCMKTS:AMADY traded up $0.69 on Wednesday, hitting $77.14. The stock had a trading volume of 38,219 shares, compared to its average volume of 54,230. Amadeus IT Group has a 1 year low of $59.28 and a 1 year high of $81.33. The firm's fifty day simple moving average is $75.43 and its two-hundred day simple moving average is $72.87. The stock has a market cap of $34.75 billion, a P/E ratio of 26.06, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.85 and a current ratio of 0.85.
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.
Further Reading
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