Short Interest in International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Expands By 77.6%

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY - Get Free Report) saw a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 262,000 shares, a growth of 77.6% from the January 15th total of 147,500 shares. Based on an average trading volume of 261,600 shares, the short-interest ratio is presently 1.0 days.

International Consolidated Airlines Group Trading Down 2.1 %

Shares of ICAGY traded down $0.18 during mid-day trading on Wednesday, reaching $8.52. 152,748 shares of the company were exchanged, compared to its average volume of 143,512. The business has a 50 day simple moving average of $7.95 and a two-hundred day simple moving average of $6.29. The company has a debt-to-equity ratio of 2.71, a quick ratio of 0.67 and a current ratio of 0.70. The stock has a market capitalization of $20.58 billion, a PE ratio of 2.71, a PEG ratio of 0.71 and a beta of 2.17. International Consolidated Airlines Group has a 52 week low of $3.54 and a 52 week high of $9.11.

Analyst Ratings Changes

ICAGY has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft raised International Consolidated Airlines Group from a "hold" rating to a "buy" rating in a research note on Wednesday, December 11th. Sanford C. Bernstein downgraded shares of International Consolidated Airlines Group from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 12th. Finally, The Goldman Sachs Group cut shares of International Consolidated Airlines Group from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 10th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, International Consolidated Airlines Group currently has an average rating of "Moderate Buy".

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.