Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) Shares Shorted: Short Interest Up 150.5% in October

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) saw a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 28,173 shares, a growth of 150.5% from the October 15th total of 11,246 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 98,380 shares, the short-interest ratio is presently 0.3 days.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Deutsche Bank raised shares of Amadeus IT Group to a “buy” rating in a research note on Wednesday, September 16th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Amadeus IT Group in a research note on Sunday, August 2nd. Finally, Zacks Research lowered Amadeus IT Group from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 21st. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Amadeus IT Group currently has an average rating of “Hold”.

Amadeus IT Group Trading Up 1.0%

Amadeus IT Group stock opened at $69.03 on Friday. Amadeus IT Group has a 52 week low of $54.60 and a 52 week high of $77.94. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.74 and a current ratio of 0.74. The stock has a market capitalization of $29.79 billion, a P/E ratio of 17.22, a PEG ratio of 3.51 and a beta of 0.92. The stock has a 50-day simple moving average of $62.86 and a 200 day simple moving average of $61.18.

Amadeus IT Group (OTCMKTS:AMADY) last released its quarterly earnings data on Friday, November 6th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.03. Amadeus IT Group had a return on equity of 30.93% and a net margin of 19.85%. The firm had revenue of $2 billion for the quarter, compared to analyst estimates of $1.96 billion. Analysts expect that Amadeus IT Group will post 3.87 earnings per share for the current year.

About Amadeus IT Group

Amadeus IT Group is a travel technology company that develops software and transaction platforms for travel providers and sellers. Its services support functions such as travel search, reservations, booking, ticketing and management of travel operations. The company serves airlines, travel agencies, hotels, airports, rail operators and other participants in the travel industry. Its technology helps connect travel suppliers with distribution channels and supports providers’ operational and customer-facing systems.