Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Short Interest Down 61.2% in December

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 1,569 shares, a decline of 61.2% from the December 15th total of 4,041 shares. Based on an average daily volume of 207,358 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 207,358 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on AMADY shares. Santander raised shares of Amadeus IT Group to an “outperform” rating in a research report on Friday, November 21st. Oddo Bhf cut shares of Amadeus IT Group to a “neutral” rating in a research note on Wednesday, September 24th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Amadeus IT Group has a consensus rating of “Buy”.

Amadeus IT Group Trading Down 2.1%

Shares of AMADY stock opened at $72.24 on Thursday. The firm’s 50-day simple moving average is $73.71 and its 200-day simple moving average is $78.43. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.88 and a quick ratio of 0.88. Amadeus IT Group has a 1-year low of $68.33 and a 1-year high of $85.89. The firm has a market cap of $32.54 billion, a P/E ratio of 21.50, a PEG ratio of 2.95 and a beta of 0.80.

Amadeus IT Group (OTCMKTS:AMADY) last released its earnings results on Friday, November 7th. The company reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.04. The firm had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.88 billion. Amadeus IT Group had a net margin of 21.10% and a return on equity of 27.25%. As a group, equities analysts forecast that Amadeus IT Group will post 2.99 EPS for the current year.

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.