International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Short Interest Update

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 635,300 shares, a growth of 731.5% from the November 30th total of 76,400 shares. Based on an average daily trading volume, of 664,700 shares, the days-to-cover ratio is presently 1.0 days.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft upgraded shares of International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a research note on Wednesday, December 11th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, International Consolidated Airlines Group currently has a consensus rating of “Moderate Buy”.

International Consolidated Airlines Group Stock Down 0.3 %

OTCMKTS:ICAGY traded down $0.03 during midday trading on Friday, hitting $7.62. 40,227 shares of the company were exchanged, compared to its average volume of 91,959. The company has a market capitalization of $18.60 billion, a PE ratio of 2.43, a price-to-earnings-growth ratio of 0.72 and a beta of 2.23. International Consolidated Airlines Group has a fifty-two week low of $3.51 and a fifty-two week high of $7.79. The company has a fifty day simple moving average of $6.48 and a 200 day simple moving average of $5.28. The company has a current ratio of 0.70, a quick ratio of 0.67 and a debt-to-equity ratio of 2.71.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last announced its earnings results on Friday, November 8th. The transportation company reported $1.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $1.05. International Consolidated Airlines Group had a net margin of 9.12% and a return on equity of 138.31%. The business had revenue of $10.25 billion for the quarter, compared to analyst estimates of $10.21 billion. As a group, equities analysts anticipate that International Consolidated Airlines Group will post 1.06 earnings per share for the current fiscal year.

About International Consolidated Airlines Group

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.