Amadeus IT Group (OTCMKTS:AMADY) Stock Price Crosses Above 50 Day Moving Average of $67.97

Amadeus IT Group, S.A. (OTCMKTS:AMADY)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $67.97 and traded as high as $68.34. Amadeus IT Group shares last traded at $68.09, with a volume of 27,787 shares changing hands.

Amadeus IT Group Trading Down 0.4 %

The firm has a market cap of $30.11 billion, a P/E ratio of 31.62, a price-to-earnings-growth ratio of 2.75 and a beta of 1.32. The company’s fifty day moving average price is $68.37 and its two-hundred day moving average price is $67.26.

Amadeus IT Group (OTCMKTS:AMADY) last posted its quarterly earnings data on Wednesday, May 8th. The company reported $0.80 earnings per share for the quarter, hitting the consensus estimate of $0.80. The firm had revenue of $1.62 billion for the quarter. On average, analysts predict that Amadeus IT Group, S.A. will post 3.02 EPS for the current fiscal year.

Amadeus IT Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, July 19th. Shareholders of record on Wednesday, July 3rd will be given a $0.6456 dividend. This is an increase from Amadeus IT Group’s previous dividend of $0.34. The ex-dividend date is Wednesday, July 3rd.

About Amadeus IT Group

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.