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

Amadeus IT Group, S.A. (OTCMKTS:AMADY) was the recipient of a significant decrease in short interest during 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. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 64,200 shares, the short-interest ratio is currently 0.2 days.

Amadeus IT Group Stock Up 3.0 %

Shares of OTCMKTS:AMADY opened at $76.19 on Monday. The firm has a market cap of $34.32 billion, a P/E ratio of 25.74, a P/E/G ratio of 2.24 and a beta of 1.27. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.54. Amadeus IT Group has a 12-month low of $59.28 and a 12-month high of $81.33. The business has a fifty day simple moving average of $73.28 and a 200 day simple moving average of $71.97.

Amadeus IT Group Cuts Dividend

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

Analysts Set New Price Targets

Several equities research analysts have weighed in on AMADY shares. Hsbc Global Res upgraded Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Morgan Stanley reiterated an “overweight” rating on shares of Amadeus IT Group in a research note on Tuesday, March 11th. 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.

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.