International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Short Interest Down 65.9% in December

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 216,500 shares, a decrease of 65.9% from the December 15th total of 635,300 shares. Based on an average trading volume of 206,200 shares, the short-interest ratio is currently 1.0 days.

Analyst Ratings Changes

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

International Consolidated Airlines Group Trading Down 4.0 %

Shares of ICAGY traded down $0.31 during midday trading on Monday, hitting $7.42. The stock had a trading volume of 109,491 shares, compared to its average volume of 152,484. International Consolidated Airlines Group has a 1 year low of $3.51 and a 1 year high of $7.79. The company has a debt-to-equity ratio of 2.71, a current ratio of 0.70 and a quick ratio of 0.67. The stock’s 50 day moving average is $6.94 and its 200 day moving average is $5.55. The firm has a market cap of $18.01 billion, a PE ratio of 2.36, a price-to-earnings-growth ratio of 0.72 and a beta of 2.17.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last released its earnings results on Friday, November 8th. The transportation company reported $1.60 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $1.05. The firm had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $10.21 billion. International Consolidated Airlines Group had a return on equity of 138.31% and a net margin of 9.12%. As a group, analysts forecast that International Consolidated Airlines Group will post 1.06 EPS 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.