Amadeus IT Group (OTCMKTS:AMADY) Sets New 52-Week Low – Time to Sell?

Shares of Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY) hit a new 52-week low during trading on Wednesday . The company traded as low as $66.96 and last traded at $67.18, with a volume of 12656 shares traded. The stock had previously closed at $68.00.

Analyst Upgrades and Downgrades

Separately, Santander upgraded Amadeus IT Group to an “outperform” rating in a report on Friday, November 21st. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Amadeus IT Group Trading Down 0.9%

The business’s 50-day moving average price is $72.31 and its 200-day moving average price is $77.47. The firm has a market capitalization of $30.35 billion, a PE ratio of 20.05, a price-to-earnings-growth ratio of 2.69 and a beta of 0.80. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.88 and a quick ratio of 0.88.

Amadeus IT Group (OTCMKTS:AMADY) last announced its earnings results on Friday, November 7th. The company reported $0.98 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.04. The business had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.88 billion. Amadeus IT Group had a net margin of 21.10% and a return on equity of 27.25%. As a group, analysts expect that Amadeus IT Group SA Unsponsored ADR will post 2.99 earnings per share 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.