International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) Sees Significant Growth in Short Interest

International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 102,900 shares, a growth of 102,800.0% from the October 31st total of 100 shares. Based on an average daily volume of 277,400 shares, the days-to-cover ratio is presently 0.4 days.

International Consolidated Airlines Group Stock Performance

Shares of ICAGY stock opened at $6.48 on Friday. The company has a debt-to-equity ratio of 2.71, a current ratio of 0.70 and a quick ratio of 0.67. International Consolidated Airlines Group has a 1 year low of $3.51 and a 1 year high of $6.49. The firm has a market capitalization of $6.35 billion, a price-to-earnings ratio of 2.06, a price-to-earnings-growth ratio of 0.75 and a beta of 2.19. The business has a fifty day moving average of $5.60 and a 200 day moving average of $4.84.

International Consolidated Airlines Group (OTCMKTS:ICAGY) last posted its earnings results on Friday, November 8th. The transportation company reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $1.05. International Consolidated Airlines Group had a net margin of 9.12% and a return on equity of 103.74%. The firm had revenue of $10.25 billion during the quarter, compared to analysts’ expectations of $10.21 billion. As a group, research analysts expect that International Consolidated Airlines Group will post 1.07 earnings per share 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.