Amadeus IT Group (OTCMKTS:AMADY) Stock Passes Below Fifty Day Moving Average - Here's Why

Key Points

• Amadeus IT Group's stock price fell below its 50-day moving average of $82.52, trading as low as $82.01 amidst a volume of 88,733 shares.
• The company reported earnings of $0.95 per share for the last quarter, missing analysts' estimates by $0.01, while revenue was $1.87 billion against expectations of $1.88 billion.
• Amadeus IT Group recently increased its dividend to $0.7645 per share, up from $0.37, representing a significant yield of 134.0%.

Shares of Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY - Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $82.52 and traded as low as $82.01. Amadeus IT Group shares last traded at $82.62, with a volume of 88,733 shares.

Analysts Set New Price Targets

Separately, Cantor Fitzgerald upgraded shares of Amadeus IT Group to a "strong-buy" rating in a research note on Wednesday, August 13th.

Amadeus IT Group Stock Performance

The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.19 and a current ratio of 1.19. The company has a market cap of $37.81 billion, a P/E ratio of 25.90, a P/E/G ratio of 3.03 and a beta of 1.16. The firm has a 50 day moving average price of $82.47 and a 200-day moving average price of $79.37.

Amadeus IT Group (OTCMKTS:AMADY - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.95 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.96 by ($0.01). Amadeus IT Group had a return on equity of 27.73% and a net margin of 21.08%. The company had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.88 billion. On average, research analysts predict that Amadeus IT Group SA Unsponsored ADR will post 2.99 EPS for the current year.

Amadeus IT Group Increases Dividend

The company also recently announced a dividend, which was paid on Monday, July 21st. Investors of record on Friday, July 4th were paid a $0.7645 dividend. This represents a yield of 134.0%. The ex-dividend date was Thursday, July 3rd. This is a boost from Amadeus IT Group's previous dividend of $0.37. Amadeus IT Group's dividend payout ratio (DPR) is 47.84%.

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.