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

International Consolidated Airlines Group SA (OTCMKTS:ICAGY) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 21,358 shares, an increase of 570.6% from the December 31st total of 3,185 shares. Based on an average trading volume of 67,194 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 67,194 shares, the short-interest ratio is currently 0.3 days.

International Consolidated Airlines Group Price Performance

Shares of International Consolidated Airlines Group stock traded down $0.15 during trading hours on Thursday, hitting $11.34. The company’s stock had a trading volume of 35,604 shares, compared to its average volume of 40,739. 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 12-month low of $5.60 and a 12-month high of $11.77. The business has a 50 day moving average price of $10.91 and a two-hundred day moving average price of $10.56. The company has a market cap of $25.88 billion, a PE ratio of 3.44, a PEG ratio of 0.41 and a beta of 1.65.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last released its quarterly earnings results on Friday, November 7th. The transportation company reported $1.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $1.09. International Consolidated Airlines Group had a net margin of 9.52% and a return on equity of 112.24%. The company had revenue of $10.90 billion for the quarter, compared to the consensus estimate of $10.95 billion. Analysts expect that International Consolidated Airlines Group will post 1.07 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently issued reports on ICAGY. Morgan Stanley assumed coverage on International Consolidated Airlines Group in a research note on Wednesday, October 15th. They issued an “overweight” rating for the company. The Goldman Sachs Group upgraded shares of International Consolidated Airlines Group from a “neutral” rating to a “buy” rating in a research report on Wednesday, October 22nd. Finally, Zacks Research raised International Consolidated Airlines Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

International Consolidated Airlines Group Company Profile

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.