International Consolidated Airlines Group S.A. (OTCMKTS:BABWF – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $5.53 and traded as high as $5.7480. International Consolidated Airlines Group shares last traded at $5.7480, with a volume of 480 shares traded.
International Consolidated Airlines Group Stock Up 5.0%
The firm’s fifty day moving average is $5.60 and its 200-day moving average is $5.53.
About International Consolidated Airlines Group
International Consolidated Airlines Group SA (IAG) is an international airline group formed in 2011 through the merger of British Airways and Iberia. The group is headquartered in Madrid, Spain, with significant operations in the United Kingdom and Spain.
IAG’s principal business is the transportation of passengers and cargo through its portfolio of airline brands. These include British Airways, Iberia, Aer Lingus, Vueling and LEVEL. The airlines provide short-haul and long-haul services connecting Europe with destinations across North America, Latin America, Asia, Africa and the Middle East.
In addition to scheduled airline services, IAG operates related businesses in areas such as airline loyalty programs, aircraft maintenance and other aviation services.
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