Short Interest in Amadeus IT Group, S.A. (OTCMKTS:AMADY) Drops By 53.4%

Amadeus IT Group, S.A. (OTCMKTS:AMADY - Get Free Report) saw a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 4,100 shares, a drop of 53.4% from the November 15th total of 8,800 shares. Based on an average daily volume of 65,300 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

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

Amadeus IT Group Stock Down 1.5 %

Amadeus IT Group stock traded down $1.11 during midday trading on Thursday, hitting $71.69. 340,110 shares of the company's stock were exchanged, compared to its average volume of 61,753. 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 company has a market cap of $32.30 billion, a PE ratio of 24.59, a P/E/G ratio of 2.76 and a beta of 1.29. The firm has a 50-day moving average of $71.89 and a two-hundred day moving average of $69.40. Amadeus IT Group has a 12 month low of $58.51 and a 12 month high of $75.12.

About Amadeus IT Group

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.