Amadeus IT Group (OTCMKTS:AMADY) Reaches New 1-Year High - Here's What Happened

Shares of Amadeus IT Group, S.A. (OTCMKTS:AMADY - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $78.96 and last traded at $77.82, with a volume of 32884 shares changing hands. The stock had previously closed at $74.95.

Analysts Set New Price Targets

A number of analysts have recently commented on AMADY shares. Sanford C. Bernstein raised Amadeus IT Group from a "hold" rating to a "strong-buy" rating in a research report on Monday. Hsbc Global Res upgraded Amadeus IT Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 9th.

Amadeus IT Group Trading Up 2.0 %

The stock's 50 day moving average is $72.52 and its 200-day moving average is $71.46. The company has a market cap of $36.44 billion, a P/E ratio of 27.32, a PEG ratio of 2.24 and a beta of 1.27. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.54.

Amadeus IT Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 3rd. Investors of record on Thursday, January 16th were issued a $0.3706 dividend. The ex-dividend date was Thursday, January 16th. Amadeus IT Group's payout ratio is currently 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.