Amadeus IT Group (OTCMKTS:AMADY) Shares Pass Below Two Hundred Day Moving Average of $65.72

Shares of Amadeus IT Group, S.A. (OTCMKTS:AMADYGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $65.72 and traded as low as $64.20. Amadeus IT Group shares last traded at $65.35, with a volume of 40,681 shares traded.

Amadeus IT Group Trading Down 1.9 %

The firm has a fifty day simple moving average of $62.72 and a 200-day simple moving average of $65.75.

Amadeus IT Group (OTCMKTS:AMADYGet Free Report) last released its earnings results on Wednesday, February 28th. The company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.07. The firm had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.41 billion. Equities analysts expect that Amadeus IT Group, S.A. will post 2.99 earnings per share for the current year.

Amadeus IT Group Company Profile

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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.

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