International Consolidated Airlines Group (LON:IAG) Hits New 52-Week High – Here’s What Happened

Shares of International Consolidated Airlines Group S.A. (LON:IAG) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 223.50 ($2.91) and last traded at GBX 222.50 ($2.90), with a volume of 417644063 shares changing hands. The stock had previously closed at GBX 215.30 ($2.80).

International Consolidated Airlines Group Price Performance

The stock has a market capitalization of £11.35 billion, a P/E ratio of 551.67, a PEG ratio of 0.21 and a beta of 2.31. The company has a 50 day moving average of GBX 201.81 and a 200-day moving average of GBX 182.29. The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of 337.70.

International Consolidated Airlines Group Company Profile

International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.