International Consolidated Airlines Group (OTCMKTS:ICAGY) Shares Pass Above Fifty Day Moving Average – Time to Sell?

Shares of International Consolidated Airlines Group SA (OTCMKTS:ICAGYGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $11.98 and traded as high as $11.98. International Consolidated Airlines Group shares last traded at $11.92, with a volume of 30,879 shares trading hands.

International Consolidated Airlines Group Stock Performance

The company has a market capitalization of $26.35 billion, a price-to-earnings ratio of 3.12, a price-to-earnings-growth ratio of 0.71 and a beta of 1.63. The company has a quick ratio of 0.66, a current ratio of 0.70 and a debt-to-equity ratio of 1.48. The stock has a 50 day moving average of $11.98 and a 200 day moving average of $11.14.

International Consolidated Airlines Group (OTCMKTS:ICAGYGet Free Report) last posted its quarterly earnings data on Friday, May 8th. The transportation company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.15. The company had revenue of $8.40 billion for the quarter, compared to analyst estimates of $8.41 billion. International Consolidated Airlines Group had a net margin of 9.21% and a return on equity of 129.76%. As a group, analysts predict that International Consolidated Airlines Group SA will post 1.52 EPS for the current year.

About International Consolidated Airlines Group

(Get Free Report)

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.

Further Reading

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