Amadeus IT Group (OTCMKTS:AMADY) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Shares of Amadeus IT Group, S.A. (OTCMKTS:AMADY) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $71.71 and traded as high as $72.83. Amadeus IT Group shares last traded at $72.06, with a volume of 37,528 shares changing hands.

Analyst Upgrades and Downgrades

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

Amadeus IT Group Price Performance

The stock has a 50 day moving average price of $71.71 and a two-hundred day moving average price of $70.91. 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 firm has a market cap of $32.46 billion, a PE ratio of 24.34, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27.

Amadeus IT Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 3rd. Stockholders of record on Thursday, January 16th were paid 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 24.66%.

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.