Amadeus IT Group (OTCMKTS:AMADY) Share Price Passes Above 50-Day Moving Average of $67.97

Shares of Amadeus IT Group, S.A. (OTCMKTS:AMADY) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $67.97 and traded as high as $68.34. Amadeus IT Group shares last traded at $68.09, with a volume of 27,787 shares.

Amadeus IT Group Trading Down 1.2 %

The business has a fifty day moving average price of $67.97 and a 200 day moving average price of $67.28.

Amadeus IT Group (OTCMKTS:AMADY) last announced its quarterly earnings results on Wednesday, May 8th. The company reported $0.80 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.80. The business had revenue of $1.62 billion for the quarter. Research analysts predict that Amadeus IT Group, S.A. will post 3.02 earnings per share for the current year.

Amadeus IT Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, July 19th. Shareholders of record on Wednesday, July 3rd will be given a $0.6456 dividend. This is a boost from Amadeus IT Group’s previous dividend of $0.34. The ex-dividend date is Wednesday, July 3rd.

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.