International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Short Interest Up 100.0% in April

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) saw a large increase in short interest in April. As of April 15th, there was short interest totalling 1,800 shares, an increase of 100.0% from the March 31st total of 900 shares. Based on an average daily volume of 120,700 shares, the short-interest ratio is presently 0.0 days.

International Consolidated Airlines Group Stock Performance

ICAGY traded down $0.04 during mid-day trading on Friday, reaching $4.33. 26,037 shares of the stock were exchanged, compared to its average volume of 61,965. The company has a 50 day moving average price of $4.04 and a two-hundred day moving average price of $3.84. The stock has a market capitalization of $4.26 billion, a PE ratio of 1.54, a price-to-earnings-growth ratio of 0.93 and a beta of 2.25. International Consolidated Airlines Group has a 1 year low of $3.28 and a 1 year high of $4.44.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last issued its quarterly earnings data on Sunday, February 25th. The transportation company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.43. The business had revenue of $7.78 billion during the quarter, compared to the consensus estimate of $7.76 billion. International Consolidated Airlines Group had a net margin of 9.05% and a return on equity of 380.77%. Sell-side analysts expect that International Consolidated Airlines Group will post 0.93 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. JPMorgan Chase & Co. upgraded shares of International Consolidated Airlines Group from an “underweight” rating to an “overweight” rating in a report on Wednesday, March 6th. Royal Bank of Canada upgraded shares of International Consolidated Airlines Group from a “sector perform” rating to an “outperform” rating in a report on Thursday, March 21st. Finally, Morgan Stanley lowered International Consolidated Airlines Group from an “equal weight” rating to an “underweight” rating in a report on Tuesday, January 30th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $213.33.

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.