Amadeus IT Group, S.A. (OTCMKTS:AMADY) Sees Large Growth in Short Interest

Amadeus IT Group, S.A. (OTCMKTS:AMADY) saw a large growth in short interest in the month of 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 trading volume of 52,200 shares, the short-interest ratio is presently 0.1 days.

Amadeus IT Group Stock Down 0.3 %

AMADY stock traded down $0.21 during midday trading on Friday, reaching $72.87. 77,182 shares of the company’s stock traded hands, compared to its average volume of 61,218. The firm’s fifty day moving average price is $70.06 and its 200-day moving average price is $67.78. Amadeus IT Group has a 52 week low of $55.37 and a 52 week high of $75.12. The company has a market cap of $32.83 billion, a price-to-earnings ratio of 25.57, a P/E/G ratio of 2.99 and a beta of 1.32.

Amadeus IT Group (OTCMKTS:AMADY) last released its quarterly earnings data on Wednesday, July 31st. The company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.08. Amadeus IT Group had a net margin of 20.02% and a return on equity of 24.69%. The company had revenue of $1.68 billion during the quarter. Analysts forecast that Amadeus IT Group will post 3.03 earnings per share for the current year.

Amadeus IT Group Company Profile

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.