International Consolidated Airlines Group (LON:IAG) Reaches New 52-Week Low – Here’s Why

International Consolidated Airlines Group S.A. (LON:IAGGet Free Report)’s share price reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 2.33 ($0.03) and last traded at GBX 230 ($2.99), with a volume of 2147000000 shares trading hands. The stock had previously closed at GBX 218.80 ($2.85).

International Consolidated Airlines Group Stock Performance

The company has a 50 day simple moving average of GBX 201.81 and a 200 day simple 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. The stock has a market cap of £11.35 billion, a price-to-earnings ratio of 528.10, a P/E/G ratio of 0.21 and a beta of 2.31.

About International Consolidated Airlines Group

(Get Free Report)

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.

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