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

Amadeus IT Group, S.A. (OTCMKTS:AMADYGet Free Report) saw a significant decrease in short interest in 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. Based on an average trading volume of 64,200 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Amadeus IT Group Stock Up 3.0 %

Shares of AMADY opened at $76.19 on Friday. The firm’s 50-day simple moving average is $73.28 and its 200 day simple moving average is $71.94. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a market cap of $34.32 billion, a P/E ratio of 25.74, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27. Amadeus IT Group has a 52 week low of $59.28 and a 52 week high of $81.33.

Amadeus IT Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 3rd. Shareholders of record on Thursday, January 16th were issued a $0.3706 dividend. The ex-dividend date was Thursday, January 16th. Amadeus IT Group’s dividend payout ratio is 23.70%.

Analysts Set New Price Targets

AMADY has been the subject of a number of research reports. Sanford C. Bernstein upgraded Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a report on Monday, March 3rd. Morgan Stanley reaffirmed an “overweight” rating on shares of Amadeus IT Group in a research report on Tuesday. Finally, Hsbc Global Res raised shares of Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th.

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Amadeus IT Group Company Profile

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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.

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