International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Short Interest Up 207.7% in April

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

Analyst Upgrades and Downgrades

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

International Consolidated Airlines Group Stock Performance

ICAGY stock traded up $0.43 during midday trading on Friday, reaching $7.39. 64,864 shares of the company's stock traded hands, compared to its average volume of 154,406. The firm has a market capitalization of $17.69 billion, a PE ratio of 2.35, a price-to-earnings-growth ratio of 0.69 and a beta of 1.92. The company has a 50-day moving average price of $7.15 and a two-hundred day moving average price of $7.14. International Consolidated Airlines Group has a 52 week low of $4.01 and a 52 week high of $9.11. The company has a debt-to-equity ratio of 2.71, a quick ratio of 0.67 and a current ratio of 0.70.

International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) last announced its quarterly earnings results on Friday, February 28th. The transportation company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.07. International Consolidated Airlines Group had a return on equity of 138.31% and a net margin of 9.12%. The firm had revenue of $8.58 billion for the quarter, compared to analysts' expectations of $7.62 billion. As a group, equities analysts anticipate that International Consolidated Airlines Group will post 1.07 EPS for the current 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.