Amadeus IT Group (OTCMKTS:AMADY) Stock Passes Below 200-Day Moving Average – Should You Sell?

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $80.93 and traded as low as $77.3050. Amadeus IT Group shares last traded at $77.8770, with a volume of 89,237 shares.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on AMADY shares. Cantor Fitzgerald upgraded Amadeus IT Group to a “strong-buy” rating in a report on Wednesday, August 13th. Oddo Bhf downgraded shares of Amadeus IT Group to a “neutral” rating in a report on Wednesday, September 24th. Three equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Amadeus IT Group presently has an average rating of “Buy”.

Amadeus IT Group Price Performance

The firm has a market capitalization of $35.08 billion, a price-to-earnings ratio of 24.04, a PEG ratio of 3.50 and a beta of 1.09. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.58. The business has a 50-day moving average price of $78.63 and a two-hundred day moving average price of $80.93.

Amadeus IT Group (OTCMKTS:AMADY) last released its quarterly earnings data 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. Amadeus IT Group had a return on equity of 27.11% and a net margin of 21.08%.The business had revenue of $1.91 billion during the quarter, compared to analyst estimates of $1.88 billion. As a group, research analysts forecast that Amadeus IT Group SA Unsponsored ADR will post 2.99 EPS for the current year.

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.