Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Given Average Recommendation of “Buy” by Brokerages

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) has been given a consensus recommendation of “Buy” by the six analysts that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and two have assigned a strong buy recommendation to the company.

AMADY has been the topic of several research reports. Citigroup downgraded shares of Amadeus IT Group to a “neutral” rating in a research report on Wednesday. Santander raised Amadeus IT Group to an “outperform” rating in a research note on Friday, November 21st.

Amadeus IT Group Stock Down 5.6%

Amadeus IT Group stock traded down $3.54 during trading on Wednesday, reaching $59.45. The stock had a trading volume of 106,773 shares, compared to its average volume of 123,985. The business has a 50 day moving average price of $70.77 and a 200 day moving average price of $76.16. The stock has a market cap of $26.78 billion, a PE ratio of 17.69, a P/E/G ratio of 2.42 and a beta of 0.77. Amadeus IT Group has a 52-week low of $59.18 and a 52-week high of $85.89. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.50.

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.