Short Interest in Amadeus IT Group, S.A. (OTCMKTS:AMADY) Increases By 61.8%

Amadeus IT Group, S.A. (OTCMKTS:AMADY) was the target of a significant growth in short interest in 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. Based on an average daily volume of 102,100 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Amadeus IT Group Stock Down 3.3 %

Amadeus IT Group stock opened at $77.29 on Friday. 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 firm has a 50 day moving average price of $75.16 and a 200 day moving average price of $72.75. Amadeus IT Group has a fifty-two week low of $59.28 and a fifty-two week high of $81.33. The company has a market capitalization of $34.82 billion, a PE ratio of 26.11, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on AMADY. Morgan Stanley reiterated an “overweight” rating on shares of Amadeus IT Group in a report on Tuesday, March 11th. Hsbc Global Res raised shares of Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Finally, Sanford C. Bernstein upgraded Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 3rd.

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.