Short Interest in Amadeus IT Group, S.A. (OTCMKTS:AMADY) Increases By 9.8%

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

Analyst Upgrades and Downgrades

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

Amadeus IT Group Trading Up 0.5 %

OTCMKTS:AMADY opened at $70.54 on Thursday. Amadeus IT Group has a 12-month low of $58.51 and a 12-month high of $75.12. 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 business has a 50 day simple moving average of $71.42 and a 200 day simple moving average of $69.33. The firm has a market capitalization of $31.78 billion, a P/E ratio of 23.83, a P/E/G ratio of 2.85 and a beta of 1.29.

Amadeus IT Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Thursday, January 16th will be given a dividend of $0.3706 per share. The ex-dividend date of this dividend is Thursday, January 16th. Amadeus IT Group’s dividend 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.