Amadeus IT Group, S.A. (OTCMKTS:AMADY) Short Interest Up 580.0% in October

by · The Markets Daily

Amadeus IT Group, S.A. (OTCMKTS:AMADYGet Free Report) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totalling 6,800 shares, a growth of 580.0% from the September 30th total of 1,000 shares. Based on an average daily trading volume, of 52,200 shares, the days-to-cover ratio is presently 0.1 days.

Amadeus IT Group Stock Down 0.3 %

Shares of OTCMKTS:AMADY traded down $0.21 during trading on Friday, hitting $72.87. 77,182 shares of the company traded hands, compared to its average volume of 61,218. The stock has a market capitalization of $32.83 billion, a price-to-earnings ratio of 25.57, a PEG ratio of 2.99 and a beta of 1.32. Amadeus IT Group has a one year low of $55.37 and a one year high of $75.12. The business’s fifty day moving average is $70.06 and its 200-day moving average is $67.78.

Amadeus IT Group (OTCMKTS:AMADYGet Free Report) last released its earnings results on Wednesday, July 31st. The company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.81 by $0.08. Amadeus IT Group had a return on equity of 24.69% and a net margin of 20.02%. The company had revenue of $1.68 billion during the quarter. On average, analysts forecast that Amadeus IT Group will post 3.03 EPS for the current year.

Amadeus IT Group Company Profile

(Get Free Report)

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.

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