Short Interest in Amadeus IT Group, S.A. (OTCMKTS:AMADY) Grows By 27.6%

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

Analyst Upgrades and Downgrades

AMADY has been the subject of a number of research reports. Hsbc Global Res raised shares of Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Sanford C. Bernstein lowered shares of Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 19th.

Amadeus IT Group Stock Up 1.1 %

OTCMKTS:AMADY opened at $78.68 on Wednesday. The firm has a market capitalization of $35.45 billion, a PE ratio of 26.58, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27. Amadeus IT Group has a 52 week low of $59.28 and a 52 week high of $79.64. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.54. The stock has a 50 day moving average of $72.17 and a 200-day moving average of $71.34.

Amadeus IT Group Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, February 3rd. Shareholders of record on Thursday, January 16th were given a $0.3706 dividend. The ex-dividend date of this dividend was Thursday, January 16th. Amadeus IT Group’s dividend 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.