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

Amadeus IT Group, S.A. (OTCMKTS:AMADY) saw a large increase in short interest during the month of 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 trading volume of 78,600 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analyst Weigh In

A number of brokerages have commented on AMADY. Sanford C. Bernstein cut Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 19th. Hsbc Global Res raised shares of Amadeus IT Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th.

Amadeus IT Group Trading Up 2.2 %

OTCMKTS AMADY traded up $1.58 during trading on Tuesday, hitting $72.30. The company had a trading volume of 38,399 shares, compared to its average volume of 59,912. Amadeus IT Group has a one year low of $58.51 and a one year high of $75.12. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.54. The company’s fifty day moving average is $70.62 and its 200-day moving average is $69.62. The company has a market cap of $32.57 billion, a price-to-earnings ratio of 24.43, a price-to-earnings-growth ratio of 2.25 and a beta of 1.27.

Amadeus IT Group (OTCMKTS:AMADY) last posted its earnings results on Thursday, November 7th. The company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.04. The firm 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, sell-side analysts predict that Amadeus IT Group will post 3.01 earnings per share for the current year.

Amadeus IT Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Thursday, January 16th will be given a $0.3706 dividend. The ex-dividend date of this dividend is Thursday, January 16th. Amadeus IT Group’s dividend payout ratio is presently 24.66%.

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.