Amadeus IT Group, S.A. (OTCMKTS:AMADY) Sees Significant Growth in Short Interest

Amadeus IT Group, S.A. (OTCMKTS:AMADY) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 4,500 shares, an increase of 9.8% from the November 30th total of 4,100 shares. Based on an average daily trading volume, of 221,300 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein downgraded Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 19th.

Amadeus IT Group Stock Performance

Shares of OTCMKTS:AMADY opened at $70.28 on Tuesday. 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 $58.51 and a 12-month high of $75.12. The company’s 50 day moving average price is $71.53 and its two-hundred day moving average price is $69.31. The firm has a market cap of $31.66 billion, a PE ratio of 23.74, a PEG ratio of 2.85 and a beta of 1.29.

Amadeus IT Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, February 3rd. Investors of record on Thursday, January 16th will be given a $0.3706 dividend. The ex-dividend date of this dividend is Thursday, January 16th. Amadeus IT Group’s payout ratio is currently 25.00%.

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.