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

International Consolidated Airlines Group SA (OTCMKTS:ICAGY) was the recipient of a large decline in short interest in July. As of July 31st, there was short interest totaling 24,200 shares, adeclineof42.7% from the July 15th total of 42,200 shares. Based on an average daily volume of 138,300 shares, the days-to-cover ratio is presently 0.2 days. Currently,0.0% of the company’s stock are short sold. Currently,0.0% of the company’s stock are short sold. Based on an average daily volume of 138,300 shares, the days-to-cover ratio is presently 0.2 days.

International Consolidated Airlines Group Stock Up 0.5%

Shares of OTCMKTS:ICAGY opened at $10.53 on Wednesday. International Consolidated Airlines Group has a 1 year low of $4.4107 and a 1 year high of $10.57. The business has a 50 day simple moving average of $9.66 and a two-hundred day simple moving average of $8.45. The firm has a market capitalization of $24.44 billion, a PE ratio of 3.36, a price-to-earnings-growth ratio of 0.86 and a beta of 2.23. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.78 and a quick ratio of 0.75.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last announced its earnings results on Friday, August 1st. The transportation company reported $1.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.79. International Consolidated Airlines Group had a return on equity of 166.61% and a net margin of 9.52%.The business had revenue of $10.06 billion during the quarter, compared to analyst estimates of $8.77 billion. On average, equities analysts predict that International Consolidated Airlines Group will post 1.07 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently commented on ICAGY shares. Sanford C. Bernstein raised International Consolidated Airlines Group from a “market perform” rating to an “outperform” rating in a research report on Thursday, June 26th. Barclays raised International Consolidated Airlines Group from an “underweight” rating to an “equal weight” rating in a report on Monday, August 4th. Finally, UBS Group downgraded International Consolidated Airlines Group from a “neutral” rating to a “sell” rating in a research report on Wednesday, August 6th. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

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.