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

International Consolidated Airlines Group SA (OTCMKTS:ICAGY) was the recipient of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 31,098 shares, a drop of 18.8% from the January 29th total of 38,291 shares. Based on an average trading volume of 140,699 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 140,699 shares, the short-interest ratio is presently 0.2 days.

International Consolidated Airlines Group Trading Down 3.8%

OTCMKTS ICAGY opened at $10.33 on Wednesday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.65 and a current ratio of 0.68. The company has a market capitalization of $23.58 billion, a price-to-earnings ratio of 2.62, a price-to-earnings-growth ratio of 0.36 and a beta of 1.58. The company’s 50-day simple moving average is $11.44 and its two-hundred day simple moving average is $10.83. International Consolidated Airlines Group has a one year low of $5.60 and a one year high of $12.36.

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

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded International Consolidated Airlines Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 13th. 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently 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.