Amadeus IT Group (OTCMKTS:AMADY) Stock Price Passes Above 50-Day Moving Average - Here's What Happened

Amadeus IT Group, S.A. (OTCMKTS:AMADY - Get Free Report)'s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $67.53 and traded as high as $71.83. Amadeus IT Group shares last traded at $71.46, with a volume of 30,389 shares trading hands.

Amadeus IT Group Stock Up 0.6 %

The business's 50-day simple moving average is $67.66 and its two-hundred day simple moving average is $67.04. The firm has a market capitalization of $32.40 billion, a price-to-earnings ratio of 23.24, a PEG ratio of 3.23 and a beta of 1.32.

Amadeus IT Group (OTCMKTS:AMADY - Get Free Report) last released its quarterly earnings results on Wednesday, July 31st. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.81 by $0.08. Amadeus IT Group had a return on equity of 24.69% and a net margin of 20.02%. The business had revenue of $1.68 billion during the quarter. Sell-side analysts anticipate that Amadeus IT Group, S.A. will post 3.01 earnings per share for the current year.

Amadeus IT Group Company Profile

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.