Amadeus IT Group (OTCMKTS:AMADY) Shares Cross Below Fifty Day Moving Average – Here’s What Happened

Amadeus IT Group, S.A. (OTCMKTS:AMADY)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $71.77 and traded as low as $69.25. Amadeus IT Group shares last traded at $69.42, with a volume of 61,040 shares trading hands.

Analyst Ratings Changes

Separately, Sanford C. Bernstein cut Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 19th.

Amadeus IT Group Price Performance

The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.85 and a current ratio of 0.85. The stock’s fifty day moving average price is $71.77 and its 200-day moving average price is $69.43. The firm has a market cap of $31.27 billion, a PE ratio of 23.45, a P/E/G ratio of 2.85 and a beta of 1.29.

About Amadeus IT Group

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.