International Consolidated Airlines Group (OTCMKTS:ICAGY) Hits New 1-Year High – Here’s What Happened

International Consolidated Airlines Group SA (OTCMKTS:ICAGY)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $12.36 and last traded at $12.36, with a volume of 9563 shares. The stock had previously closed at $12.10.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised International Consolidated Airlines Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

International Consolidated Airlines Group Stock Up 1.5%

The business’s 50 day simple moving average is $11.45 and its 200 day simple moving average is $10.80. The company has a market capitalization of $28.03 billion, a PE ratio of 3.72, a price-to-earnings-growth ratio of 0.39 and a beta of 1.63. The company has a quick ratio of 0.65, a current ratio of 0.68 and a debt-to-equity ratio of 1.99.

International Consolidated Airlines Group Company Profile

International Consolidated Airlines Group (OTCMKTS:ICAGY) is a Europe-focused airline holding company formed in 2011 through the combination of British Airways and Iberia. The group owns and operates a portfolio of passenger carriers that provide short-haul, long-haul and low-cost services, together with associated aviation businesses. Its operations span international and domestic markets, with extensive networks across Europe, transatlantic routes and links to Latin America and other global destinations.

IAG’s principal airline brands include British Airways, Iberia, Aer Lingus, Vueling and LEVEL.