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

Amadeus IT Group, S.A. (OTCMKTS:AMADY - Get Free Report) saw a significant increase in short interest during the month of 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 daily volume of 103,400 shares, the days-to-cover ratio is presently 0.2 days.

Amadeus IT Group Stock Performance

Shares of OTCMKTS AMADY traded up $1.56 during mid-day trading on Friday, hitting $80.88. The company had a trading volume of 56,911 shares, compared to its average volume of 52,466. The firm 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 debt-to-equity ratio of 0.54, a current ratio of 0.85 and a quick ratio of 0.85. Amadeus IT Group has a 12 month low of $59.28 and a 12 month high of $81.33. The business's 50-day simple moving average is $72.71 and its 200-day simple moving average is $71.57.

Amadeus IT Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, February 3rd. Shareholders of record on Thursday, January 16th were paid 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%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on AMADY. Sanford C. Bernstein upgraded shares of Amadeus IT Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 3rd. Hsbc Global Res upgraded shares of Amadeus IT Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 9th.

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About Amadeus IT Group

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.