International Consolidated Airlines Group SA (OTCMKTS:ICAGY) Short Interest Update

International Consolidated Airlines Group SA (OTCMKTS:ICAGY) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 38,291 shares, a growth of 79.3% from the January 15th total of 21,358 shares. Based on an average daily trading volume, of 95,410 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 95,410 shares, the short-interest ratio is currently 0.4 days.

International Consolidated Airlines Group Stock Up 0.4%

Shares of OTCMKTS ICAGY traded up $0.05 during midday trading on Friday, hitting $11.81. 34,528 shares of the stock traded hands, compared to its average volume of 50,963. The company has a market cap of $26.96 billion, a PE ratio of 3.58, a P/E/G ratio of 0.42 and a beta of 1.63. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.65 and a current ratio of 0.68. International Consolidated Airlines Group has a one year low of $5.60 and a one year high of $12.25. The business has a 50 day moving average price of $11.23 and a two-hundred day moving average price of $10.67.

Analyst Ratings Changes

ICAGY has been the subject of a number of research reports. Zacks Research upgraded International Consolidated Airlines Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 13th. The Goldman Sachs Group raised shares of International Consolidated Airlines Group from a “neutral” rating to a “buy” rating in a research report on Wednesday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

About International Consolidated Airlines Group

International Consolidated Airlines Group (OTCMKTS:ICAGY) is a Europe-focused airline holding company formed in 2011 through the combination of British Airways and Iberia. The group owns and operates a portfolio of passenger carriers that provide short-haul, long-haul and low-cost services, together with associated aviation businesses. Its operations span international and domestic markets, with extensive networks across Europe, transatlantic routes and links to Latin America and other global destinations.

IAG’s principal airline brands include British Airways, Iberia, Aer Lingus, Vueling and LEVEL.