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

Amadeus IT Group, S.A. (OTCMKTS:AMADY - Get Free Report) was the target of a large decline in short interest during 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. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 64,200 shares, the short-interest ratio is presently 0.2 days.

Analysts Set New Price Targets

A number of analysts have issued reports on AMADY shares. Morgan Stanley reaffirmed an "overweight" rating on shares of Amadeus IT Group in a report on Tuesday, March 11th. Hsbc Global Res raised Amadeus IT Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 9th. Finally, Sanford C. Bernstein upgraded Amadeus IT Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 3rd.

Amadeus IT Group Price Performance

OTCMKTS AMADY traded down $0.16 on Wednesday, reaching $77.97. The company's stock had a trading volume of 72,999 shares, compared to its average volume of 54,110. Amadeus IT Group has a 52 week low of $59.28 and a 52 week 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 firm has a market cap of $35.13 billion, a PE ratio of 26.34, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27. The business has a 50-day moving average price of $73.59 and a 200 day moving average price of $72.12.

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Amadeus IT Group Cuts Dividend

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