International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Sees Significant Increase in Short Interest

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY - Get Free Report) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 40,000 shares, an increase of 207.7% from the March 31st total of 13,000 shares. Based on an average trading volume of 328,200 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. The Goldman Sachs Group lowered shares of International Consolidated Airlines Group from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 10th. Barclays downgraded International Consolidated Airlines Group from a "strong-buy" rating to a "strong sell" rating in a research note on Wednesday, March 12th. Finally, Sanford C. Bernstein cut International Consolidated Airlines Group from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 12th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold".

International Consolidated Airlines Group Trading Up 1.6 %

Shares of OTCMKTS ICAGY traded up $0.11 during mid-day trading on Friday, hitting $7.06. 96,090 shares of the company traded hands, compared to its average volume of 154,259. The company has a quick ratio of 0.67, a current ratio of 0.70 and a debt-to-equity ratio of 2.71. International Consolidated Airlines Group has a 1 year low of $4.01 and a 1 year high of $9.11. The stock has a market capitalization of $16.90 billion, a price-to-earnings ratio of 2.25, a PEG ratio of 0.69 and a beta of 1.92. The business has a 50 day moving average of $7.25 and a two-hundred day moving average of $7.10.

International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) last posted its quarterly earnings data on Friday, February 28th. The transportation company reported $0.28 EPS for the quarter, beating analysts' consensus estimates of $0.21 by $0.07. The company had revenue of $8.58 billion during the quarter, compared to analyst estimates of $7.62 billion. International Consolidated Airlines Group had a net margin of 9.12% and a return on equity of 138.31%. On average, sell-side analysts anticipate that International Consolidated Airlines Group will post 1.07 earnings per share for the current fiscal year.

International Consolidated Airlines Group Company Profile

International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.

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