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Amadeus IT (OTCMKTS:AMADY) has been upgraded from Underweight to Equal Weight in a report by Barclays today.

Barclays has upgraded Amadeus IT (OTCMKTS:AMADY) from Underweight to Equal Weight in a report released on 7/07/2017.

Only yesterday Amadeus IT (OTCMKTS:AMADY) traded -1.41% lower at $59.92. AMADY’s 50-day average is $0.00 and its two hundred day average is $0.00. With the last close up 0.00% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time period. 9,389 shares of the stock were exchanged, up from an average trading volume of 0

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Amadeus IT (OTCMKTS:AMADY)

Amadeus IT has with a one year low of $42.72 and a one year high of $63.86 and has a total market value of $0.

Brief Synopsis On Amadeus IT (OTCMKTS:AMADY)

Amadeus IT Group, S.A., together with its subsidiaries, operates as a transaction processor for the travel and tourism industry worldwide. It operates through two segments, Distribution and IT Solutions. The Distribution segment acts as an international network providing real-time search, pricing, booking, ticketing, and other processing solutions to travel providers and travel agencies. It also provides solutions and services related to the distribution of content through the global distribution system to travel providers, such as solutions for the display and management of merchandising content; to travel sellers, such as search solutions and integrated front-, mid- and back-office solutions; and to corporations, such as self-booking tools, and travel and expense management solutions. In addition, this segment offers travel intelligence solutions; and Payer Hub, which helps travel agencies and corporations pay travel providers, as well as hospitality and rail solutions. The IT Solutions segment offers services, which address airlinesÂ’ operational requirements in the areas of passenger service systems, including reservation, ticketing, inventory management, departure control, and disruption management; shopping and retailing, including e-commerce solutions; merchandising, personalization, and revenue optimization solutions, including revenue management; and financial solutions, such as revenue integrity or revenue accounting. This segment also supports airline customers through business consulting and process optimization services; and offers Merchant Hub payment platform for travel merchants, as well as hospitality IT, airport IT, and rail IT solutions. In addition, the company is involved in financial business. The company was formerly known as Amadeus IT Holding, S.A. and changes its name to Amadeus IT Group S.A. in August 2016. Amadeus IT Group S.A. was founded in 1987 and is headquartered in Madrid, Spain.

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