Amadeus IT Group (OTCMKTS:AMADY) Stock Crosses Below 50 Day Moving Average - Time to Sell?

Key Points

• The stock price of Amadeus IT Group has dropped below its 50-day moving average of $82.04, trading as low as $78.08.
• Despite this downturn, analysts maintain a positive outlook with three strong-buy ratings and one buy rating, resulting in an average rating of "Strong Buy."
• Amadeus IT Group recently increased its dividend to $0.7645 per share, reflecting a significant yield of 134.0%.

Amadeus IT Group SA Unsponsored ADR (OTCMKTS:AMADY - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $82.04 and traded as low as $78.08. Amadeus IT Group shares last traded at $78.47, with a volume of 37,775 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Cantor Fitzgerald raised shares of Amadeus IT Group to a "strong-buy" rating in a research note on Wednesday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Strong Buy".

Amadeus IT Group Price Performance

The company's 50-day moving average price is $82.04 and its 200-day moving average price is $80.61. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.19 and a quick ratio of 1.19. The company has a market cap of $35.35 billion, a P/E ratio of 24.22, a P/E/G ratio of 3.60 and a beta of 1.13.

Amadeus IT Group (OTCMKTS:AMADY - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.95 earnings per share (EPS) for the quarter, missing the consensus estimate 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. As a group, sell-side analysts predict that Amadeus IT Group SA Unsponsored ADR will post 2.99 earnings per share for the current fiscal year.

Amadeus IT Group Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, July 21st. Investors of record on Friday, July 4th were issued a dividend of $0.7645 per share. The ex-dividend date was Thursday, July 3rd. This is a positive change from Amadeus IT Group's previous dividend of $0.37. This represents a yield of 134.0%. Amadeus IT Group's dividend payout ratio is currently 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.

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