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

Amadeus IT Group, S.A. (OTCMKTS:AMADY) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totalling 4,500 shares, an increase 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 presently 0.0 days.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein lowered Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 19th.

Amadeus IT Group Price Performance

OTCMKTS:AMADY opened at $70.54 on Thursday. 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 business’s 50-day moving average price is $71.42 and its 200 day moving average price is $69.33. Amadeus IT Group has a 52-week low of $58.51 and a 52-week high of $75.12. The firm has a market cap of $31.78 billion, a P/E ratio of 23.83, a PEG ratio of 2.85 and a beta of 1.29.

Amadeus IT Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Thursday, January 16th will be paid a $0.3706 dividend. The ex-dividend date of this dividend is Thursday, January 16th. Amadeus IT Group’s dividend payout ratio is currently 25.00%.

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.