Amadeus IT Group (OTCMKTS:AMADY) Stock Price Crosses Above 50-Day Moving Average – Time to Sell?

Amadeus IT Group, S.A. (OTCMKTS:AMADY)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $74.36 and traded as high as $79.72. Amadeus IT Group shares last traded at $79.08, with a volume of 44,946 shares trading hands.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Sanford C. Bernstein upgraded shares of Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 3rd. Morgan Stanley reaffirmed an “overweight” rating on shares of Amadeus IT Group in a research note on Tuesday, March 11th. Finally, Hsbc Global Res upgraded shares of Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th.

Amadeus IT Group Stock Performance

The stock has a market cap of $35.63 billion, a P/E ratio of 26.72, a PEG ratio of 2.24 and a beta of 1.27. The stock has a fifty day simple moving average of $74.36 and a 200-day simple moving average of $72.48. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.54.

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.