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

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

International Consolidated Airlines Group Stock Performance

OTCMKTS ICAGY traded down $0.61 during trading hours on Tuesday, reaching $10.13. The company’s stock had a trading volume of 408,168 shares, compared to its average volume of 55,374. The company has a current ratio of 0.68, a quick ratio of 0.65 and a debt-to-equity ratio of 1.99. The business has a 50-day simple moving average of $11.46 and a 200 day simple moving average of $10.83. 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 cap of $23.12 billion, a PE ratio of 2.56, a PEG ratio of 0.38 and a beta of 1.58.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last posted its earnings results on Friday, February 27th. The transportation company reported $0.82 EPS for the quarter, beating 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 return on equity of 167.88% and a net margin of 10.21%. Equities research analysts predict that International Consolidated Airlines Group will post 1.07 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of 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 given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently 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.