Amadeus IT Group (OTCMKTS:AMADY) Shares Cross Above 50 Day Moving Average - Time to Sell?

Amadeus IT Group, S.A. (OTCMKTS:AMADY - Get Free Report)'s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $71.71 and traded as high as $72.83. Amadeus IT Group shares last traded at $72.06, with a volume of 37,528 shares changing hands.

Analysts Set New Price Targets

Several research firms recently commented on AMADY. Sanford C. Bernstein downgraded shares of Amadeus IT Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, November 19th. Hsbc Global Res raised Amadeus IT Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 9th.

Amadeus IT Group Stock Up 3.8 %

The company has a 50 day moving average of $71.88 and a 200-day moving average of $71.14. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market cap of $35.06 billion, a P/E ratio of 26.29, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27.

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 issued a dividend of $0.3706 per share. The ex-dividend date was Thursday, January 16th. Amadeus IT Group's payout ratio is 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.