Amadeus IT Group, S.A. (OTCMKTS:AMADY) Short Interest Up 27.6% in February

Amadeus IT Group, S.A. (OTCMKTS:AMADY) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 18,500 shares, a growth of 27.6% from the January 31st total of 14,500 shares. Based on an average trading volume of 103,400 shares, the days-to-cover ratio is currently 0.2 days.

Analysts Set New Price Targets

Several brokerages have recently issued reports on AMADY. Hsbc Global Res raised 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 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

Shares of OTCMKTS AMADY opened at $80.11 on Thursday. Amadeus IT Group has a 52-week low of $59.28 and a 52-week high of $80.36. The stock has a market capitalization of $36.09 billion, a price-to-earnings ratio of 27.06, a PEG ratio of 2.24 and a beta of 1.27. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.54. The stock’s fifty day simple moving average is $72.36 and its 200 day simple moving average is $71.40.

Amadeus IT Group Cuts Dividend

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

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.