Amadeus IT Group, S.A. (OTCMKTS:AMADY) Short Interest Update

Amadeus IT Group, S.A. (OTCMKTS:AMADY) saw a large growth in short interest in February. As of February 15th, there was short interest totalling 18,500 shares, a growth of 27.6% from the January 31st total of 14,500 shares. Based on an average daily trading volume, of 103,400 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on AMADY. Sanford C. Bernstein raised shares of Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a research note on Monday. Hsbc Global Res raised 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

Amadeus IT Group stock opened at $79.32 on Friday. The firm’s 50 day simple moving average is $72.52 and its 200-day simple moving average is $71.46. The company has a market cap of $35.73 billion, a P/E ratio of 26.80, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.85 and a quick ratio of 0.85. Amadeus IT Group has a fifty-two week low of $59.28 and a fifty-two week high of $80.39.

Amadeus IT Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, February 3rd. Investors of record on Thursday, January 16th were given a dividend of $0.3706 per share. The ex-dividend date of this dividend was Thursday, January 16th. Amadeus IT Group’s payout ratio is presently 23.70%.

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.