Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Given Consensus Rating of “Buy” by Analysts

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) has earned an average recommendation of “Buy” from the six analysts that are covering the firm, Marketbeat.com reports. Two investment 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.

A number of analysts recently commented on AMADY shares. Citigroup cut shares of Amadeus IT Group to a “neutral” rating in a research note on Wednesday. Santander raised shares of Amadeus IT Group to an “outperform” rating in a research report on Friday, November 21st.

Amadeus IT Group Trading Down 5.6%

Shares of OTCMKTS:AMADY traded down $3.54 during midday trading on Wednesday, hitting $59.45. The company had a trading volume of 106,773 shares, compared to its average volume of 123,985. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.50. Amadeus IT Group has a 12 month low of $59.18 and a 12 month high of $85.89. The firm has a fifty day simple moving average of $70.77 and a 200 day simple moving average of $76.16. The stock has a market cap of $26.78 billion, a price-to-earnings ratio of 17.69, a PEG ratio of 2.42 and a beta of 0.77.

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.