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

by · The Cerbat Gem

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

Analysts Set New Price Targets

AMADY has been the topic of several recent analyst reports. Morgan Stanley reaffirmed an “overweight” rating on shares of Amadeus IT Group in a research note on Tuesday, March 11th. Hsbc Global Res raised Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Finally, Sanford C. Bernstein upgraded Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 3rd.

Get Our Latest Report on AMADY

Amadeus IT Group Stock Performance

Shares of AMADY stock opened at $78.13 on Tuesday. Amadeus IT Group has a 1-year low of $59.28 and a 1-year high of $81.33. 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 company has a market capitalization of $35.20 billion, a price-to-earnings ratio of 26.40, a P/E/G ratio of 2.24 and a beta of 1.27. The stock’s fifty day simple moving average is $73.43 and its 200-day simple moving average is $72.05.

Amadeus IT Group Cuts Dividend

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

About Amadeus IT Group

(Get Free Report)

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.

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