Short Interest in Amadeus IT Group, S.A. (OTCMKTS:AMADY) Rises By 342.2%

Amadeus IT Group, S.A. (OTCMKTS:AMADY) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 19,900 shares, an increase of 342.2% from the December 31st total of 4,500 shares. Based on an average daily volume of 78,600 shares, the short-interest ratio is presently 0.3 days.

Amadeus IT Group Price Performance

Shares of AMADY traded up $1.58 during mid-day trading on Tuesday, reaching $72.30. The stock had a trading volume of 38,399 shares, compared to its average volume of 59,912. 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 business has a fifty day moving average of $70.62 and a 200 day moving average of $69.62. The firm has a market cap of $32.57 billion, a price-to-earnings ratio of 24.43, a PEG ratio of 2.25 and a beta of 1.27. Amadeus IT Group has a 12 month low of $58.51 and a 12 month high of $75.12.

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 during the quarter. Amadeus IT Group had a net margin of 20.20% and a return on equity of 27.30%. Equities analysts predict that Amadeus IT Group will post 3.01 EPS for the current year.

Amadeus IT Group Cuts Dividend

The company 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 presently 24.66%.

Analyst Ratings Changes

Several research firms have issued reports on AMADY. 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. Sanford C. Bernstein downgraded Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 19th.

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.