Amadeus IT Group, S.A. (OTCMKTS:AMADY) Sees Large Increase in Short Interest

Amadeus IT Group, S.A. (OTCMKTS:AMADY) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 22,000 shares, a growth of 61.8% from the February 28th total of 13,600 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 102,100 shares, the short-interest ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

AMADY has been the topic of several research analyst reports. Morgan Stanley reaffirmed an “overweight” rating on shares of Amadeus IT Group in a research note on Tuesday, March 11th. Hsbc Global Res raised Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Finally, Sanford C. Bernstein raised Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 3rd.

Amadeus IT Group Trading Down 3.3 %

Shares of OTCMKTS AMADY opened at $77.29 on Monday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.54. The company has a market cap of $34.82 billion, a PE ratio of 26.11, a P/E/G ratio of 2.24 and a beta of 1.27. The company has a 50-day moving average of $75.16 and a two-hundred day moving average of $72.77. Amadeus IT Group has a 1-year low of $59.28 and a 1-year high of $81.33.

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.