Amadeus IT Group (OTCMKTS:AMADY) Share Price Passes Above 50-Day Moving Average of $67.97

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 $67.97 and traded as high as $68.34. Amadeus IT Group shares last traded at $68.09, with a volume of 27,787 shares.

Amadeus IT Group Stock Down 1.2 %

The company’s 50 day moving average price is $67.97 and its 200-day moving average price is $67.28.

Amadeus IT Group (OTCMKTS:AMADY) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $0.80 earnings per share for the quarter, meeting the consensus estimate of $0.80. The company had revenue of $1.62 billion for the quarter. On average, research analysts expect that Amadeus IT Group, S.A. will post 3.02 earnings per share for the current year.

Amadeus IT Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, July 19th. Shareholders of record on Wednesday, July 3rd will be issued a dividend of $0.6456 per share. The ex-dividend date of this dividend is Wednesday, July 3rd. This is an increase 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.