International Consolidated Airlines Group SA (OTCMKTS:ICAGY) Short Interest Down 49.4% in February

International Consolidated Airlines Group SA (OTCMKTS:ICAGY) was the target of a significant drop in short interest in February. As of February 27th, there was short interest totaling 15,748 shares, a drop of 49.4% from the February 12th total of 31,098 shares. Based on an average trading volume of 99,034 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 99,034 shares, the short-interest ratio is presently 0.2 days.

International Consolidated Airlines Group Price Performance

Shares of ICAGY traded down $0.39 during trading hours on Thursday, hitting $9.70. The stock had a trading volume of 53,961 shares, compared to its average volume of 94,508. International Consolidated Airlines Group has a 52 week low of $5.60 and a 52 week high of $12.36. The stock has a market capitalization of $22.14 billion, a price-to-earnings ratio of 2.46, a P/E/G ratio of 0.47 and a beta of 1.58. The company’s fifty day moving average is $11.30 and its two-hundred day moving average is $10.80. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.68 and a quick ratio of 0.65.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last posted its quarterly earnings data on Friday, February 27th. The transportation company reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.49. The company had revenue of $9.29 billion during the quarter, compared to analyst estimates of $9.64 billion. International Consolidated Airlines Group had a net margin of 10.21% and a return on equity of 167.88%. On average, analysts anticipate that International Consolidated Airlines Group will post 1.07 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Zacks Research raised shares of International Consolidated Airlines Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 13th. Barclays raised shares of International Consolidated Airlines Group from an “equal weight” rating to an “overweight” rating in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus 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.