Amadeus IT Group (OTCMKTS:AMADY) Reaches New 52-Week Low – Here’s What Happened

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as $55.15 and last traded at $55.15, with a volume of 12993 shares traded. The stock had previously closed at $57.78.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on AMADY shares. Citigroup lowered Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 11th. Santander upgraded Amadeus IT Group to an “outperform” rating in a research report on Friday, November 21st. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Amadeus IT Group has a consensus rating of “Buy”.

Amadeus IT Group Stock Performance

The firm has a market capitalization of $24.76 billion, a P/E ratio of 16.36, a P/E/G ratio of 2.26 and a beta of 0.77. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.88 and a quick ratio of 0.88. The firm has a 50-day moving average price of $69.70 and a two-hundred day moving average price of $75.50.

About Amadeus IT Group

Amadeus IT Group is a global travel-technology company that develops and supplies software and IT services for the travel and tourism industry. Founded in the late 1980s as a technology venture by a group of European airlines, Amadeus has evolved into an integrated provider of distribution, passenger service systems and operations software used across the travel value chain. The company’s platforms support booking, ticketing, departure control, inventory and other core travel transaction functions for industry participants.

Amadeus’s product offering spans a global distribution system used by travel agencies and online travel sellers, airline passenger service systems (notably the Altéa suite), airport operations and departure control solutions, as well as software for hotels, rail operators and car rental companies.