Amadeus IT Group (OTCMKTS:AMADY) Stock Price Crosses Above Fifty Day Moving Average – Should You Sell?

Amadeus IT Group, S.A. (OTCMKTS:AMADY) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $70.60 and traded as high as $71.56. Amadeus IT Group shares last traded at $71.16, with a volume of 110,307 shares changing hands.

Analyst Upgrades and Downgrades

Several analysts have commented on AMADY shares. 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. Sanford C. Bernstein cut shares of Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 19th.

Amadeus IT Group Stock Performance

The company has a debt-to-equity ratio of 0.54, a current ratio of 0.85 and a quick ratio of 0.85. The company has a 50 day simple moving average of $70.63 and a 200-day simple moving average of $69.56. The stock has a market capitalization of $31.97 billion, a P/E ratio of 23.98, a price-to-earnings-growth ratio of 2.25 and a beta of 1.27.

Amadeus IT Group (OTCMKTS:AMADY) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.04. The business had revenue of $1.70 billion for the quarter. Amadeus IT Group had a return on equity of 27.30% and a net margin of 20.20%. On average, equities analysts forecast that Amadeus IT Group, S.A. will post 3.01 EPS for the current year.

Amadeus IT Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, February 3rd. Investors of record on Thursday, January 16th will be paid a dividend of $0.3706 per share. The ex-dividend date is Thursday, January 16th. Amadeus IT Group’s payout ratio is currently 24.66%.

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.