International Consolidated Airlines Group (OTCMKTS:ICAGY) Stock Falls 1.1% – Should You Sell?

International Consolidated Airlines Group SA (OTCMKTS:ICAGY – Get Free Report)’s stock price was down 1.1% during trading on Friday. The stock traded as low as $11.05 and last traded at $11.16. Approximately 110,632 shares were traded during trading, an increase of 69% from the average daily volume of 65,430 shares. The stock had previously closed at $11.28.

International Consolidated Airlines Group Stock Performance

The company has a market capitalization of $24.43 billion, a price-to-earnings ratio of 2.92, a P/E/G ratio of 0.93 and a beta of 1.72. The stock’s 50 day moving average price is $11.59 and its 200 day moving average price is $11.31. The company has a current ratio of 0.77, a quick ratio of 0.73 and a debt-to-equity ratio of 1.38.

About International Consolidated Airlines Group

(Get Free Report)

International Consolidated Airlines Group SA (OTCMKTS:ICAGY), commonly known as IAG, is an airline holding company formed in 2011 through the merger of British Airways and Iberia. The group is headquartered in Madrid, Spain, with a corporate presence in London, and its shares are listed in the United Kingdom and Spain.

IAG owns and manages a portfolio of airline businesses, including British Airways, Iberia, Aer Lingus, Vueling and LEVEL. These airlines provide scheduled passenger and cargo services across domestic, European and long-haul international markets.

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