International Consolidated Airlines Group (OTCMKTS:ICAGY) Shares Gap Up – Should You Buy?

International Consolidated Airlines Group SA (OTCMKTS:ICAGY – Get Free Report)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $11.50, but opened at $12.04. International Consolidated Airlines Group shares last traded at $12.03, with a volume of 3,098 shares traded.

International Consolidated Airlines Group Price Performance

The business’s 50-day simple moving average is $12.06 and its 200-day simple moving average is $11.16. The stock has a market cap of $26.63 billion, a PE ratio of 3.15, a PEG 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.

International Consolidated Airlines Group Company Profile

(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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