Amadeus IT Group (OTCMKTS:AMADY) Stock Price Crosses Above 50 Day Moving Average of $68.67

Amadeus IT Group, S.A. (OTCMKTS:AMADY)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $68.67 and traded as high as $68.72. Amadeus IT Group shares last traded at $68.72, with a volume of 73,448 shares.

Amadeus IT Group Stock Up 2.8 %

The firm has a fifty day moving average price of $68.67 and a 200 day moving average price of $67.17.

Amadeus IT Group (OTCMKTS:AMADY) last announced its quarterly earnings results on Wednesday, May 8th. The company reported $0.80 EPS for the quarter, meeting analysts’ consensus estimates of $0.80. The firm had revenue of $1.62 billion during the quarter. Analysts forecast that Amadeus IT Group, S.A. will post 2.97 earnings per share for the current year.

Amadeus IT Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, July 19th. Investors of record on Wednesday, July 3rd will be issued a dividend of $0.6456 per share. The ex-dividend date is Wednesday, July 3rd. This is a boost from Amadeus IT Group’s previous dividend of $0.34.

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.