Amadeus IT Group (OTCMKTS:AMADY) Share Price Passes Below 200-Day Moving Average – Time to Sell?
by Renee Jackson · The Cerbat GemAmadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY – Get Free Report)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $66.82 and traded as low as $60.87. Amadeus IT Group shares last traded at $61.09, with a volume of 186,767 shares trading hands.
Analyst Ratings Changes
A number of research firms recently weighed in on AMADY. Citigroup cut shares of Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 11th. Jefferies Financial Group restated a “buy” rating on shares of Amadeus IT Group in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
Read Our Latest Stock Analysis on AMADY
Amadeus IT Group Trading Up 0.7%
The company’s 50 day moving average price is $59.04 and its 200 day moving average price is $66.82. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a market cap of $27.52 billion, a PE ratio of 17.31, a price-to-earnings-growth ratio of 2.46 and a beta of 0.77.
Amadeus IT Group (OTCMKTS:AMADY – Get Free Report) last announced its quarterly earnings data on Friday, May 8th. The company reported $1.01 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.07. Amadeus IT Group had a net margin of 20.45% and a return on equity of 27.61%. The firm had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $1.92 billion. As a group, analysts forecast that Amadeus IT Group SA Unsponsored ADR will post 4.06 EPS for the current fiscal year.
Amadeus IT Group Company Profile
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.