Amadeus IT Group, S.A. (OTCMKTS:AMADY) Short Interest Down 26.5% in February

Amadeus IT Group, S.A. (OTCMKTS:AMADY) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 13,600 shares, a decline of 26.5% from the February 13th total of 18,500 shares. Based on an average trading volume of 64,200 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Amadeus IT Group Stock Up 3.0 %

AMADY stock opened at $76.19 on Friday. The company has a market cap of $34.32 billion, a PE ratio of 25.74, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27. 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 has a twelve month low of $59.28 and a twelve month high of $81.33. The business’s 50-day simple moving average is $73.28 and its 200 day simple moving average is $71.94.

Amadeus IT Group Cuts Dividend

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

Analyst Ratings Changes

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

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.